Question on: JAMB Accounting - 2024

Ifedapo Local Council has the following details for 2008:

#
Fines5000
Allocation from state government20000
Tenement rates10000
Licences12000
Hospital beds8000
Ambulance13000
Salaries15000
Vehicles fueling7000

The council's expenditure for the year was:

A

#43,000

B

#35,000

C

#30,000

D

#22,000

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Correct Option: D

Expenditure items:

Salaries: ₦15,000
Vehicles Fueling: ₦7,000
Hospital Beds: ₦8,000
Ambulance: ₦13,000

Total Expenditure:
\(15,000 + 7,000 + 8,000 + 13,000 = 43,000\)

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