1. Introduction:

2. Exhibit 3.1: Business Transactions:

3. Capital Expenditures:

3.1 Definitions:

3.2 Characteristics/Test:

3.3 Types:

3.4 Examples:

4. Revenue Expenditure:

4.1 Definitions:

4.2 Characteristics/Tests:

4.3 Disclosures In Final Accounts:

4.4 Examples:

5. Deferred Revenue Expenditure:

5.1 Definitions:

5.2 Examples:

6. Capital Receipts:

6.1 Definitions:

6.2 Characteristics/Tests:

6.3 Disclosure In Final Accounts:

6.4 Examples:

7. Revenue Receipts:

7.1. Definitions:

7.2. Characteristics/Tests:

7.3. Disclosure In Final Accounts:

7.4. Examples:

8. Deferred Revenue Income:

8.1. Definitions:

8.2. Examples:

9. Exibite 3.2: Comparisons:

9.1 Revenue Receipt Vs. Capital Receipt:

9.2. Revenue Expenditure Vs. Capital Expenditure:

10. Revenue Profits And Capital Profits:

11. Revenue Losses And Capital Losses:

12. Effect Of Wrong Treatment On Profits:

13. Solved Problems:

13.1. From Mumbai University (Old Course/IDE):

13.2. From Professional Examinations:

14. Exercises:

14.1 Theory:

14.2 Practical: