JAMB Accounting 2022 Objective — Question 19

Question 19 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2022 Objective paper, with the correct answer and a full explanation.

Using the same Gusau Local Government data, capital expenditure is

A. 308,000Correct
B. 398,000
C. 90,000
D. 300,000

Explanation

Capital expenditure is a one-off expense: Hospital building + Hospital beds/mattresses = 300,000+8,000 = 308,000.

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