Using the following information to answer the given question

\(\begin{array}{c|c} Post & Grade & \text{Number in post}& Rate \\ \hline \text{Chief Accountant} & 15 & 1 & N371,748\\ \text{Asst, Cheif Accountant} & 14 & 2 & N301,452\\ \text{Principal Accountant} & 12 & 4 & N243,732\\ \text{Accountant} & 7 & 6 & N113,632\\ \text{Clerk} & 3 & 10 & N54,166\end{array}\)

Additional information:
(a) All employees are on the first step of their

(b) Allowances

\(\begin{array}{c|c} \text{Grade Level} & \text{Transport Allowance} & \text{Housing Allowance} & \text{Responsibility Allowance} \\ \hline \text{12 and above} & \text{N24,000 per annum} & \text {N120,000 per annum} & \text{N30,000 per annum} \\ \text{1 to 7} & \text{N13,200 per annum} & \text{N48,000 per annum} & - \end{array}\)

The total housing allowance was

Similar Questions

Use the following information to answer the given question. John and Johnson are in partnership, sh...

Discount received is shown in the ...

Money not required to meet chargeable expenditure in any fiscal year under cash accounting, should b...

An increase in government expenditure within a year is taken care of by means of ...

Abba offers 5% cash discount on goods worth N10,000, The discount allowed account is to be? ...

The total of the discounts received column in the three column cash book is? ...

How much was paid for goodwill? ...

Which of the following describes a trial balance?  ...

Which of the following is not a proper form of the accounting equation? ...

Trading Account (Extract) .................N.............................N...... Opening stock.....