Gross pay is the amount of earnings before payroll _ are withheld; net pay is the actual amount of the _. (9.1)

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Answer 1

Textbook Question

Chapter 9, Problem 1CR

Gross pay is the amount of earnings before payroll _____ are withheld; net pay is the actual amount of the _____. (9.1)

Expert Solution & Answer

To determine

To fill: The blank spaces in the statement, “ Gross pay is the amount of earning before payroll ___ are withheld; net pay is the actual amount of the ____”.

Answer to Problem 1CR

Solution:

The complete statement is “Gross pay is the amount of earning before payroll deductions are withheld; net pay is the actual amount of the Employee’s paycheck after all payroll deductions”.

Explanation of Solution

The relations between gross pay and net pay is given below:

$Net pay = gross pay – total deductions$

The term gross pay or gross earning refers to the amount of earnings which employees receive before any taxes and deductions are taken out.

Thus, the net pay or take-home pay is the actual amount of money which employees take home after all payroll deductions have been withheld.

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Answer 2

Textbook Question

Chapter 9, Problem 1CR

Gross pay is the amount of earnings before payroll _____ are withheld; net pay is the actual amount of the _____. (9.1)

Expert Solution & Answer

To determine

To fill: The blank spaces in the statement, “ Gross pay is the amount of earning before payroll ___ are withheld; net pay is the actual amount of the ____”.

Answer to Problem 1CR

Solution:

The complete statement is “Gross pay is the amount of earning before payroll deductions are withheld; net pay is the actual amount of the Employee’s paycheck after all payroll deductions”.

Explanation of Solution

The relations between gross pay and net pay is given below:

$Net pay = gross pay – total deductions$

The term gross pay or gross earning refers to the amount of earnings which employees receive before any taxes and deductions are taken out.

Thus, the net pay or take-home pay is the actual amount of money which employees take home after all payroll deductions have been withheld.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Textbook Question

Chapter 9, Problem 1CR

Gross pay is the amount of earnings before payroll _____ are withheld; net pay is the actual amount of the _____. (9.1)

Expert Solution & Answer

To determine

To fill: The blank spaces in the statement, “ Gross pay is the amount of earning before payroll ___ are withheld; net pay is the actual amount of the ____”.

Answer to Problem 1CR

Solution:

The complete statement is “Gross pay is the amount of earning before payroll deductions are withheld; net pay is the actual amount of the Employee’s paycheck after all payroll deductions”.

Explanation of Solution

The relations between gross pay and net pay is given below:

$Net pay = gross pay – total deductions$

The term gross pay or gross earning refers to the amount of earnings which employees receive before any taxes and deductions are taken out.

Thus, the net pay or take-home pay is the actual amount of money which employees take home after all payroll deductions have been withheld.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Textbook Question

Chapter 9, Problem 1CR

Gross pay is the amount of earnings before payroll _____ are withheld; net pay is the actual amount of the _____. (9.1)

Expert Solution & Answer

To determine

To fill: The blank spaces in the statement, “ Gross pay is the amount of earning before payroll ___ are withheld; net pay is the actual amount of the ____”.

Answer to Problem 1CR

Solution:

The complete statement is “Gross pay is the amount of earning before payroll deductions are withheld; net pay is the actual amount of the Employee’s paycheck after all payroll deductions”.

Explanation of Solution

The relations between gross pay and net pay is given below:

$Net pay = gross pay – total deductions$

The term gross pay or gross earning refers to the amount of earnings which employees receive before any taxes and deductions are taken out.

Thus, the net pay or take-home pay is the actual amount of money which employees take home after all payroll deductions have been withheld.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Textbook Question

Answer 6

Textbook Question

Answer 7

Expert Solution & Answer

To determine

To fill: The blank spaces in the statement, “ Gross pay is the amount of earning before payroll ___ are withheld; net pay is the actual amount of the ____”.

Answer to Problem 1CR

Solution:

The complete statement is “Gross pay is the amount of earning before payroll deductions are withheld; net pay is the actual amount of the Employee’s paycheck after all payroll deductions”.

Explanation of Solution

The relations between gross pay and net pay is given below:

$Net pay = gross pay – total deductions$

The term gross pay or gross earning refers to the amount of earnings which employees receive before any taxes and deductions are taken out.

Thus, the net pay or take-home pay is the actual amount of money which employees take home after all payroll deductions have been withheld.

Answer 8

Expert Solution & Answer

To determine

To fill: The blank spaces in the statement, “ Gross pay is the amount of earning before payroll ___ are withheld; net pay is the actual amount of the ____”.

Answer to Problem 1CR

Solution:

The complete statement is “Gross pay is the amount of earning before payroll deductions are withheld; net pay is the actual amount of the Employee’s paycheck after all payroll deductions”.

Explanation of Solution

The relations between gross pay and net pay is given below:

$Net pay = gross pay – total deductions$

The term gross pay or gross earning refers to the amount of earnings which employees receive before any taxes and deductions are taken out.

Thus, the net pay or take-home pay is the actual amount of money which employees take home after all payroll deductions have been withheld.

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

To determine

To fill: The blank spaces in the statement, “ Gross pay is the amount of earning before payroll ___ are withheld; net pay is the actual amount of the ____”.

Answer 12

Answer to Problem 1CR

Solution:

The complete statement is “Gross pay is the amount of earning before payroll deductions are withheld; net pay is the actual amount of the Employee’s paycheck after all payroll deductions”.