Question

identify if the following is a capital or revenue expenditure

Icerhry ir me ile s a Cap hal er Re venve espendituce Prchase f naste lasket at a cost of $iO Overhaul of a twck motDR. One year extensin in Usenl lhe 3Painm and Leten of a sed wck upn aquisahen of The wck ol chang on a compny ucK Paintns the extenar of a 6 Conshuehen o A New wins n n once bauldin aldrg 7 Repacennt O WORN out geaRS 0n a machine

Answer 1

Answer

		Answer
1	Purchase of a waste basket at a cost of $10	Revenue
2	Overhaul of a truck motor one year extension in useful life	Capital
3	Painting and …… of a used truck upon acquisition of the truck	Capital
4	Oil change on a company truck	Revenue
5	Painting the exterior of a building	Revenue
6	Construction of a new wing on an office building	Capital
7	Replacement of worn out gears on a factory machine	Revenue

Feel free to ask any clarification, if required. Kindly provide feedback by thumbs up, if satisfied. It will be highly appreciated.
Thank you.