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Cambridge AS & A Level Accounting

1.3.1Capital and revenue income and expenditure

Capital and revenue income and expenditure in Cambridge AS & A Level Accounting: what the syllabus expects you to know, the learning objectives and how to practise.
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Learning objectives

What the syllabus expects you to be able to do.

  1. 1.3.1.1Distinguish capital from revenue income and expenditure.
  2. 1.3.1.2Explain the effect on profit or loss and asset value of treating capital and revenue expenditure incorrectly.

Lessons

  • Capital and revenue expenditure and income

    45 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Capital and revenue income and expenditure: sample question

1 mark

Legal fees paid when a business buys a shop building should be:

Choose one answer

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