Question: Lyle Ingram, the payroll accountant, needs to compute net pay for the employees for Hay Industries. Place the following steps in the proper order. e.
Lyle Ingram, the payroll accountant, needs to compute net pay for the employees for Hay Industries. Place the following steps in the proper order.
e. Determine gross pay
b. Subtract pre-tax deductions from gross pay
a. Compute income taxes
c. Compute Social Security and Medicare taxes
d. Subtract taxes and all other deductions from gross pay
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