CAIE AS Level Accounting 9706 · Paper 2
1.3.1Capital and revenue income and expenditure
Practise distinguishing capital and revenue items and recording their effect on profit and asset values with focused CAIE questions.
- 1
- Paper
- 2023
- Years covered
- Mark-ready practice
Revise before you begin
Key areas to practise
Classify expenditure
Separate capital expenditure from day-to-day revenue expenditure.
Income and receipts
Distinguish capital receipts from revenue income and apply the correct treatment.
Profit and assets
Explain how incorrect classification changes profit and non-current assets.
Topical paper library
Past paper questions
Feb/March 2023