Payroll: The total payment that a company is required to pay to its employee for the services received is called as payroll. Payroll checks: It includes a detachable statement that shows how the net pay of each employee is computed. To State: Principal reasons for using a special payroll bank account.

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Chapter 10, Problem 5DQ

To determine

Payroll: The total payment that a company is required to pay to its employee for the services received is called as payroll.

Payroll checks: It includes a detachable statement that shows how the net pay of each employee is computed.

To State: Principal reasons for using a special payroll bank account.

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