Question 44

Use the following information to answer the given question

Kudi Local Government Council incurred the following expenditure in 1995:
\(\begin{array}{c|c} & N \\ \hline \text{Payment of salaries} & 140,000 \\ \text{Purchase of drugs for dispensaries} & 80,000 \\ \text{Purchase of books for Library} & 30,000 \\ \text{Sinking of wells} & 70,000 \\ \text{Extension of Council offices} & 160,000 \end{array}\)
The amount of revenue expenditure for 1995 was

  • A.N26,000
  • B.N230,000
  • C.N220,000
  • D.N22,000
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
1997
Question no.
#44
Type
Objective

More from this paper

See all Accounts - principles of accounts 1997 questions