In class we students continued to practice completing the payroll for a business. Students should be able to differentiate the way individuals are paid (hourly wage, salary or salary plus commission). Students should now have a good grasp of the mandatory deductions (Social Security, Medicare, Federal Income Taxes and State Income Taxes) as well as voluntary deductions (Health Ins., 401K, etc.) - and how to calculate the deductions.
HW - Finish 12-8
Read 13.1-13.2 (343-353)
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