ESTATE MANAGEMENT 137 



fill in all the necessary information is given at the 

 end of the volume. 



It will be noted that all the expenditure has 

 to go into either the capital or revenue expenditure 

 columns. Capital expenditure is all the costs of 

 the estate, or part of estate, until it reaches the 

 bearing stage. The portions which will produce 

 during the year should therefore have all their 

 expenditure during that year entered up as 

 revenue expenditure, and these costs will go 

 against the return from crops. Buildings and 

 machinery would, of course, be bought out of 

 capital. 



