State the type of expenditure capital or revenue incurred


State the type of expenditure, capital or revenue, incurred in the following transactions:
(a) Breakdown van purchased by a garage.

(b) Repairs to a fruiterer's van.

(c) The cost of installing a new machine.

(d) Cost of hiring refrigeration plant in a butcher's shop.

(e) Twelve dozen sets of cutlery, purchased by a catering firm for a new dining-room.

(f) A motor vehicle bought for resale by a motor dealer.

(g) The cost of acquiring patent rights.

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Financial Accounting: State the type of expenditure capital or revenue incurred
Reference No:- TGS02182329

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