Question: 3.From the list given below, you are required to classify 'Capital Expenditure' and 'Revenue Expenditure. (i) Photocopy papers bought for administrative purposes (ii) Chinese New
3.From the list given below, you are required to classify 'Capital Expenditure' and 'Revenue Expenditure.
(i) Photocopy papers bought for administrative purposes
(ii) Chinese New Bonus given to employees
(iii) Purchase of Machinery for production in factory
(iv) Cost of renovation for office and factory premises
(v) Cost of installation expenses relating to machinery
(vi) Salaries and wages paid to factory operatives
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