ExpendituresForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › ExpendituresThis topic has 1 reply, 2 voices, and was last updated 2 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts September 26, 2021 at 5:26 pm #636533 maximus07ParticipantTopics: 446Replies: 437☆☆☆☆A question in Kaplan is treating it as revenue expenditure: Blank taxi receipts printed with Bilbo Baggins’ business name and number.Should not it be treated as Capital expenditure, professor? September 27, 2021 at 8:28 am #636557 John MoffatKeymasterTopics: 56Replies: 53823☆☆☆☆☆No, it is revenue expenditure.Capital expenditure is expenditure on non-current assets. Receipts are certainly not non-current assets – they will be used up whenever they give them to customers.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In