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snow_lady [41]
3 years ago
11

What is the difference between gross pay and net pay? gross pay describes your pay after deductions; net pay is before gross and

net pay are the same net pay describes your pay after deductions; gross pay is before none of the above?
Business
1 answer:
kobusy [5.1K]3 years ago
8 0
<span>Net pay describes your pay after deductions; while gross pay describes your pay before tax deductions. Net pay is your "take home" pay after tax has been deducted while gross pay describes your gross income (I.e the amount prior to tax withholdings). Quite basically, Gross pay is the amount of money an employees receives before any taxes and deductions are taken out it. While Net pay is the amount received after taxes and deductions have been taken.</span>
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Explanation:

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3 years ago
0. Westcomb, Inc. had equity of $150,000 at the beginning of the year. At the end of the year, the company had total assets of $
Nadusha1986 [10]

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18.24

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