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WAEC Financial Accounting 2017 Question 47

Question 47

Public Sector Accounting

Nzemaman Local Government incurred the following expenditure in the year 2015 (D): Construction of market stalls 120,000; Staff salaries 40,000; Purchase of stationery 9,000; Sinking of boreholes 200,000; Building of classrooms 90,000; Maintenance of vehicles 35,000; Purchase of equipment 28,000.
Recurrent expenditure for the year is

  1. A.D112,000.
  2. B.D84,000.
  3. C.D77,000.
  4. D.D49,000.
Show the answer and explanation

Answer: B (D84,000.)

Explanation

Recurrent items: salaries 40,000 + stationery 9,000 + vehicle maintenance 35,000 = D84,000.