(a(i))[1]
State what capital expenditure means.
(a(ii))[1]
State what revenue expenditure means.
(a(iii))[1]
State what capital receipts mean.
(a(iv))[1]
State what revenue receipts mean.
(b)[4]
Complete the table by placing a tick (✓) to show how each of the following income and expenditure items should be classified.
(c)[3]
Prepare only the retained earnings column of the statement of changes in equity for P Limited for the year ended 30 June 2025.
(d)[9]
Prepare P Limited’s statement of financial position at 30 June 2025.