WAEC - Accounts Principles Of Accounts (2024 - No. 44)
Use the following information to answer this question.
D
Purchases of motor van 370,000
Building of laboratories 760,000
Purchase of drugs 110,000
Electricity 26,000
Repair of equipment 10,000
The amount of recurrent expenditure is
D 146,000.
D 136,000.
D 120,000.
D 110,000.
Explanation
Recurrent expenditure:
= D110,000+D26,000+D10,000
= D146, 000
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