Accounting 0452 · IGCSE · Capital and revenue expenditure and receipts

Capital and revenue expenditure and receipts — practice question

A business supplied the information below about two expenses. Which amounts will be recorded in the income statement for the year ended 31 December 2019?

  • Aelectricity $900, insurance $800
  • Belectricity $1380, insurance $1240
  • Celectricity $1620, insurance $1160
  • Delectricity $2100, insurance $1600

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI