Concept:Recurrent expenditure is money spent on regular operating needs that are fully used up within one accounting period.
Explanation:First, identify which items provide long-term benefit.
Erection of market stalls is capital expenditure because it creates a permanent asset.
Repayment of loans is a financing transaction, not a recurring operating cost.
Purchase of office equipment is capital expenditure because the equipment is used over several years.
Purchase of office stationery is consumed quickly and is needed regularly, so it is a day-to-day running cost.
Therefore, only office stationery is recurrent expenditure.
Answer:D. purchase of office stationery