WAEC Accounting 2023 Objective — Question 20

Question 20 of 50 from the West African Examinations Council (WAEC) Accounting 2023 Objective paper, with the correct answer and a full explanation.

(Banjul Local Government health department 2020 expenditures: 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. Le 445,000.
B. Le 370,000.
C. Le 320,000.Correct
D. Le 125,000.

Explanation

Capital expenditure = Construction of wards (200,000) + Hospital beds (20,000) + X-ray machine (100,000) = Le320,000.

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