ZIMSEC O-Level Principles of Accounting
11Capital and Revenue Expenditure
Capital and Revenue Expenditure in ZIMSEC O-Level Principles of Accounting: what the syllabus expects you to know, the learning objectives and how to practise.
Topic32 practice questions2 lessons
Overview
Form 2: definitions and differences. Form 3: accounting treatment and the effects of incorrect classification.
Learning objectives
What the syllabus expects you to be able to do.
- 11.1Form 2: define and distinguish capital and revenue expenditure.
- 11.2Form 3: show capital and revenue expenditure correctly in the financial statements.
- 11.3Form 3: state the effects of incorrect classification on profit, non-current assets and working capital.
Lessons
- Full access
Capital and revenue expenditure and receipts
30 min
- Full access
Effects of incorrectly classifying expenditure
30 min
Join to read every lesson, or see what Full access includes.
Sample question
A sample question on this topic. Answer it, check it, then read the worked answer.
Turn Capital and Revenue Expenditure into a strength.
Practise with instant marking, see your mastery grow and get a study plan built around your exam date.