Question: Task 2 Indicate for each of the following items whether it is capital or revenue expenditure: a) purchase price of a computer, b) transporting cost

 Task 2 Indicate for each of the following items whether it

Task 2 Indicate for each of the following items whether it is capital or revenue expenditure: a) purchase price of a computer, b) transporting cost of computer to the office (carriage inwards), c) interest on loan to purchase a computer, d) cost of software for use with the computer e) service fee charged to the company for regular maintenance, f) cost of disks used during the year, g) the purchase price of second-hand printer, h) repairs to the above printer, paid before it is ready to use, i) cost of toners used by the printer, j) wages of computer operators, k) fee paid for upgrading the computer 1) instalment of an air-conditioner in the computer room, m) replacement of the blade on a cutting machine damaged ad the result of using poor-quality raw material inputs, n) purchase price of a new motor van, o) fee charged by the local government for issuing licence for the van, p) cost of painting the firm's name on new van, q) reparation cost of the van after a smaller accident

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