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 transport allowance was

Similar Questions

Which of the following is source of document for the preparation of debtors' ledger account? ...

A credit purchase of N200 from P. Osae was posted to the account of P. Osei. This is an error of&nbs...

Adamu, Babaji and Chukwu are in partnership and they share profit and losses on ratio 3:2:1. Their r...

Stock is N200 at start, and N320 at close purchases N2,055 and sales N3,189. Find the cost of goods ...

Stock (1/1/02) at selling price..........N2000 Goods sent to branch (selling price).....N? Sales b...

\(\begin{array}{c|c} & N \\ \hline \text{Sales} & 14,600 \\ \text{Purchases} & 5,500 \\ ...

Bought motor vehicle ₦60 paying by cheque. The effect of the transaction will be ...

Jeng Limited disposed a fixed asset in 1999 for N2,000. The asset was purchased in 1996 at a cost of...

Which of the following is the effect of an increase in the provision for discount allowed? ...

In a situation of incomplete records, profit is determined as  ...