Allocate part of items above to either capital or revenue

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Reference no: EM131385664

The data which follows was extracted from the books of account of H. Kirk, an engineer, on 31 March 2016, his financial year end.

	£
(a) Purchase of extra milling machine (include £300 for repair of an old machine)	2,900
(b) Rent	750
(c) Electrical expenses(includes new wiring £600, part of premises improvement)	3,280
(d) Carriage inwards (include £150 carriage on new cement mixer)	1,260
(e) Purchase on extra drilling machine	4,100

You are required to allocate each or part of the items above to either capital or revenue expenditure.

Reference no: EM131385664

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