Test your knowledge of double entry bookkeeping with our capital or revenue expenditure quiz.
Accounting differentiates between two types of expenditure. Capital expenditure is expenditure relating to the purchase of non-current assets which are not for resale and are used within the business. Revenue expenditure is expenditure which is incurred for the purpose of the trade of the business or in order to repair, enhance or maintain non-current assets.
Start the Capital or Revenue Expenditure Quiz
Identify whether each of the following types of expenditure are classified as capital or revenue expenditure. Click on an answer to reveal whether its Right! or Wrong
Try Another Double Entry Bookkeeping Quiz
The capital or revenue expenditure quiz is one of many of our online quizzes which can be used to test your knowledge of double entry bookkeeping, discover another at the links below.
- Quiz 17: Debit and Credit Bookkeeping Quiz
- Quiz 16: Accounting Equation Problems Quiz
- Quiz 42: Special Journals Quiz
- Quiz 18: Debit Credit Accounting Quiz