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2b) Capital expenditures are for fixed assets, which are expected to be productive assets for a long period of time. while Revenue expenditures are for costs that are related to specific revenue transactions or operating periods, such as the cost of goods sold or repairs and maintenance expense 2bii ) capital expenditure: i) purchase of land ii) purchase of Equipment iii) purchase of Furniture and fixtures revenue expenditure i) rents ii) office supply III) payment of salaries,wages

4a) i)To check out an interdepartmental performance. ii) To evaluate the performance of the department with the previous period result. iii) The gross profit of each department can ascertain. iv) Unprofitable departments will reveal

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