**Capital Expenditure:**
Capital expenditure refers to the expenses incurred on acquiring or improving assets that will provide benefits to a business over an extended period of time. These expenses are not incurred for regular day-to-day operations of the business but are investments that will yield future benefits.

In this case, the furniture purchased by Amit for 450000 is considered as a capital expenditure. This is because the furniture is an asset that will be used by the business for a long period of time and will provide benefits in terms of facilitating business operations and creating a comfortable work environment. The furniture is not consumed or used up immediately but rather has a useful life that extends beyond the current accounting period.

**Revenue Expenditure:**
Revenue expenditure, on the other hand, refers to the expenses incurred in the day-to-day operations of the business. These expenses are incurred for maintaining and running the business and are considered as regular operating expenses.

In this case, the payment of 30000 as cartage is considered as a revenue expenditure. Cartage is a transportation cost incurred in delivering the furniture to the business premises. This expense is necessary for the immediate use and installation of the furniture and is not expected to provide benefits over an extended period of time. It is a regular operating expense that is necessary for the smooth functioning of the business.

**Summary:**
- The purchase of furniture for 450000 is considered as a capital expenditure as it is an investment in a long-term asset that will provide benefits to the business over a period of time.
- The payment of 30000 as cartage is considered as a revenue expenditure as it is a regular operating expense incurred for the immediate use and installation of the furniture.
- Capital expenditure is incurred for acquiring or improving assets that will provide benefits over a long period of time, while revenue expenditure is incurred for day-to-day operating expenses.
- Capital expenditure is shown on the balance sheet and depreciated over time, while revenue expenditure is shown on the income statement and is fully expensed in the current accounting period.
- Differentiating between capital and revenue expenditure is important for proper accounting and financial reporting as it helps in accurately determining the financial position and performance of the business.

Revenue expenditure is 30000 that is of cartage where capital expenditure is 150000 (amount of furniture used to furnishing the office)