JAMB - Accounts Principles Of Accounts (2024 - No. 61)
Ifedapo Local Council has the following details for 2008
| # | |
| Fines | 5000 |
|
Allocation from state government |
20000 |
|
Tenement rates |
10000 |
|
Licences |
12000 |
|
Hospital beds |
8000 |
|
Ambulance |
13000 |
|
Salaries |
15000 |
|
Vehicles fueling |
7000 |
The council's expenditure was
#28,000
#21,000
#20,000
#13,000
Explanation
Capital expenditure = Hospital beds (8000) + Ambulance (13000) = #21,000
Note that the question is only asking for the value of capital expenditure
Note that the question is only asking for the value of capital expenditure
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