Answer:
911
Step-by-step explanation:
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<span>gross =768
fed = 68
ss = 6.2/100 times 765
med = 1.45/100 times 765
state = 22/100 times 68
gross - ( sum of all deductions) = net pay
</span><span>Subtract 6.2% of $765 = 0.062 * $765 = 48.67
</span><span>Subtract 1.45% of $765 = 0.0145 * $765 = 11,0925
</span><span>Subtract 22% of $68 = 0.222 * $65 = 14.43
</span>Social security tax = 765 * 6.2% = 47.43
Medicare tax = 765 * 1.45% = 11.09
State tax (22% of federal tax) = 68 * 22% = 14.96
765 - 68 - 47.43 - 11.09 - 14.96 = 623.52
net pay is 623.52
Answer:
14256
Step-by-step explanation:
Answer:
Complete a bank reconciliation
Step-by-step explanation:
A bank reconciliation is the process where the financial records of the bank is compared with the firm's financial record. If an employee has been stealing funds from the company, there would be a discrepancy between the figures provided by the record.
In a bid to know the reason for the discrepancy, the theft would be detected