Paycheck Basics Flashcards
1
Q
what’s Gross Pay?
A
Money received by an employee before taxes and deductions are applied
2
Q
what’s Net Pay?
A
amount received by an employee after taxes and deductions. “take home” money
what’s Gross Pay?
Money received by an employee before taxes and deductions are applied
what’s Net Pay?
amount received by an employee after taxes and deductions. “take home” money