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chapter11_SA

QuestionAnswer
salary the money paid for emplyee services
pay period the period covered by a salary payment
payroll the total amount earned by all employees for a pay period
total earnings total pay due for a pay period before dudctions
payroll taxes taxes based on the payroll of a business
withholding allowance a deduction from total earning for each person lega;;u sipported y a taxpayer including the employee
social security taz a federal tax taz paid for old age surcicors and disability insurance
medicare tax a federal taz paif for hospital insureance
tax base the max amount of earning on which a taz is calculated
payroll register a busmness form used to record parool information
net pay the total earning paid to an empluess ager payroll tazes and other deductions
employees earning record a busniess form used to record details affecting payments mde to an emloyee
Created by: ash.s
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