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WAEC Accounting 2012 Objective — Question 35

Question 35 of 50 from the West African Examinations Council (WAEC) Accounting 2012 Objective paper, with the correct answer and a full explanation.

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(Using the same information as Q34) The amount of recurrent expenditure was

  • A. Le245,000
  • B. Le175,000
  • C. Le135,000Correct
  • D. Le80,000

Explanation

Recurrent expenditures are expenditures that re-occur yearly: Salaries and wages 80,000 + Purchase of drugs 55,000 = Total = Le135,000.

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