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WAEC Financial Accounting 2008 Question 31

Question 31

Public Sector Accounting

Sulay Local Government (D):
Construction of classrooms D500,000
Sinking of boreholes D100,000
Staff salaries D150,000
Electricity D14,000
Transport and travels D7,000
Office expenses D9,000
Recurrent expenditure is

  1. A.D180,000
  2. B.D164,000
  3. C.D150,000
  4. D.D30,000.
Show the answer and explanation

Answer: A (D180,000)

Explanation

150,000 + 14,000 + 7,000 + 9,000 = D180,000.