Classify the following expenditures as capital or revenue expenditure: (i) Travelling expenses of the directors for trips abroad for purchase of…

Classify the following expenditures as capital or revenue expenditure: (i) Travelling expenses of the directors for trips abroad for purchase of capital assets. (ii) Amount spent to reduce working expenses. (iii) Amount paid for removal of stock to a new site. (iv) Cost of repairs on second-hand car purchased to bring it into working condition. (v) Amount spent on renewal fee of patent rights .