Extract from F3/ACCA :
1) Which one of the following costs would be classified as revenue expenditure on the invoice for a new car
a) Road tax ( Right )
b) Fitted stereo radio
c) Delivery cost
d) Number plate.
2) Which one of the following costs would be classified as capital expenditure for a restaurant business
a) A replacement for a broken window
b) Repainting the restaurant
c) An illuminated sign advertising for business name (Right)
d) Cleaning of the kitchen floor