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Accounts - Principles of Accounts
WAEC 2024

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

  • A. D 146,000.
  • B. D 136,000.
  • C. D 120,000.
  • D. D 110,000.
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Correct Answer: Option A
Explanation

Recurrent expenditure:  

= D110,000+D26,000+D10,000

= D146, 000  

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
WAEC offline past questions - with all answers and explanations in one app - Download for free
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076