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  • IGCSE Accounting Capital & Revenue Expenditure

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    This document appears to be homework instructions involving tracking capital and revenue expenditures and receipts for a club house. Students are asked to fill in amounts for capital expenditure, revenue expenditure, and changes in profit and assets in section (a) and (b). In section (c), students are to identify whether listed club house financial activities are expenditures or receipts, and whether they are capital or revenue-related by placing an x in the appropriate column.

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    This document appears to be homework instructions involving tracking capital and revenue expenditures and receipts for a club house. Students are asked to fill in amounts for capital expenditure, revenue expenditure, and changes in profit and assets in section (a) and (b). In section (c), students are to identify whether listed club house financial activities are expenditures or receipts, and whether they are capital or revenue-related by placing an x in the appropriate column.

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    36 views2 pages

    IGCSE Accounting Capital & Revenue Expenditure

    Uploaded by

    Hi
    This document appears to be homework instructions involving tracking capital and revenue expenditures and receipts for a club house. Students are asked to fill in amounts for capital expenditure, revenue expenditure, and changes in profit and assets in section (a) and (b). In section (c), students are to identify whether listed club house financial activities are expenditures or receipts, and whether they are capital or revenue-related by placing an x in the appropriate column.

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    21 FEB HOMEWORK

    (a)
    Capital Expenditure $

    Revenue Expenditure $

    (b) Change in profit:

    (c) Change in assets:

    1
    Place an ‘x’ in the correct column for each item. The first item is already done for you.

    Expenditure Receipt
    Capital Revenue Capital Revenue
    Sale of club house equipment x

    Purchase of supplies for the club


    house
    Wages paid to workers in the club
    house
    Purchase of new television for the
    club house
    General expenses for the club
    house
    Annual subscription received from
    club members
    Grants received from the
    government to develop the club
    house
    Delivery costs for a new television
    used in the club house
    Sale of refreshments in the club
    house snack bar

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