JAMB - Accounts Principles Of Accounts (2024 - No. 63)

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 Local Council's revenue for 2008 was

#47,000
#37,000
#42,000
#27,000

Explanation

Fines: #5,000
Allocation from state government: #20,000
Tenement rates: #10,000
Licences: #12,000
Total Revenue: # 5,000 + # 20,000 + #10,000 + #12,000 = #47,000

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