The data which follows was extracted from the books of account of H. Kassab, an engineer,

on 31 March 2024, his financial year end.

You are required to allocate each or part of the items above to either ‘capital’ or ‘revenue’
expenditure.

Transcribed Image Text:

(a) Purchase of extra milling machine (includes 300 for repair of an old machine) (b) Rent (c) Electrical expenses (includes new wiring 600, part of premises improvement) (d) Carriage inwards (includes 150 carriage on new cement mixer) (e) Purchase of extra drilling machine 2,900 750 3,280 1,260 4,100