\(\begin{array}{c|c} & Le\\ \hline \text{Construction...
\(\begin{array}{c|c} & Le\\ \hline \text{Construction and hospital wards} & 300,000\\ \text{purchase of hospital beds} & 40,000 \\ \text{salaries and wages}& 80,000\\ \text{Purchase of drugs} & 55,000\\ \text{purchases of x-ray machine} & 150,000\end{array}\)
Capital expenditure for the year was
Le 545,000
Le 490,000
Le 450,000
Le 300,000
Correct answer is B
Capital expenditures; money spent by a business or organization on acquiring or maintaining fixed assets, such as land, buildings, and equipment.
300,000 + 40,000 + 150,000 = 490,000
The following was extracted from the books of MEGA COMPANY NIG. LTD �...
Cash receipts and payments involving discounts are entered in ...
Provision for doubtful debts is made in conformity with ...
The double entry for refund of unsuccessful application monies is debit ...
Which of the following is not used in solving problems of incomplete records? ...
Which of these will not appear in the preparation of control account? I. Bad debts II. Discounts ...