WAEC Accounting 2017 Objective — Question 47
Question 47 of 50 from the West African Examinations Council (WAEC) Accounting 2017 Objective paper, with the correct answer and a full explanation.
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47. Use the following information to answer questions 47 and 48: Nzemaman Local Government incurred the following expenditure in the year 2015: Construction of market stalls D120,000; Staff salaries D40,000; Purchase of stationery D9,000; Sinking of boreholes D200,000; Building of classrooms D90,000; Maintenance of vehicles D35,000; Purchase of equipment D28,000. Recurrent expenditure for the year is
- A. A. D112,000
- B. B. D84,000Correct
- C. C. D77,000
- D. D. D49,000
Explanation
Recurrent expenditures are expenditures that occur yearly. = D40,000+D35,000+D9,000 = D84,000.
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