NABTEB Accounting 2023 Objective — Question 20
Question 20 of 50 from the National Business and Technical Examinations Board (NABTEB) Accounting 2023 Objective paper, with the correct answer and a full explanation.
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The health department of Banjul Local Government incurred the following expenditures in 2020: Construction of hospital wards Le200,000; Purchase of hospital beds Le20,000; Purchase of stationeries Le15,000; Salaries and wages Le60,000; Purchase of drugs Le50,000; Purchase of X-ray machine Le100,000. The capital expenditure for the year is (a) Le445,000 (b) Le970,000 (c) Le320,000 (d) Le125,000
- A. Le445,000
- B. Le970,000
- C. Le320,000Correct
- D. Le125,000
Explanation
Capital expenditure = Construction of hospital ward + Purchase of hospital bed + Purchase of X-ray machine = 200,000 + 20,000 + 100,000 = Le320,000.
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