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WAEC Financial Accounting 2021 Question 18

Question 18

Public Sector Accounting

Recurrent expenditure of a local government include

  1. A.erection of market stalls
  2. B.repayment of loans
  3. C.purchase of office equipment.
  4. D.purchase of office stationery.
Show the answer and explanation

Answer: D (purchase of office stationery.)

Explanation

Stationery is used up in the year, so it is recurrent spending.