1. Income from entertainment programme 2. Expenses of charity show 3. Tournament expenses 4. Electrical fittings 5. Charity

Question

Classify the following as Capital income, Revenue income, Capital expense and Revenue expense:

1. Income from entertainment programme

2. Expenses of charity show

3. Tournament expenses

4. Electrical fittings

5. Charity

6. Sale of sports equipment

7. Purchase of sports equipments

8. President’s felicitation fund

9. Annual function expeneses

10. Rent of hall

11. Sonography machine

12. Donation received for pavillion

Answer 1

Capital income	Revenue income	Capital expense	Revenue expense
5. Charity	1. Income from entertainment programme	4. Electrical fittings	2. Expenses of charity show
8. President’s felicitation fund	6. Sale of sports equipments	7. Purchase of sports equipments	3. Tournament expenses
12. Donation received for pavilion	10. Rent of hall	11. Sonography machine	9. Annual function expense