Analyze this sample pay stub and answer the questions that follow. COMPANY NAME EARNINGS STATEMENT Some...
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Analyze this sample pay stub and answer the questions that follow. COMPANY NAME EARNINGS STATEMENT Some Corporation 123 Somewhere Drive, Durham, NC 12345 EMPLOYEE NAME SSN ΕMPLOYEΕ ID CHECK NO. PAY PERIOD PAY DATE Hope Marie Kingsiey х-хх-6789 98856 98765 5/1/2020 - 5/15/2020 5/21/2020 INCOME RATE HOURS CURRENT TOTAL DEDUCTIONS CURRENT TOTAL YEAR-TO-DATE GROSS WAGES 15.00 40 600.00 FICA MED TAX 8.70 78.30 FICA SS TAX FED TAX NC ST TAX 37.20 334.80 90.00 810.00 34.50 310.50 HEALTH $76.58 $689.22 DENTAL $8.23 $74.07 RETIREMENT' $60.00 $540.00 YTD CURRENT YTD GROSS DEDUCTIONS YTD NET PAY CURRENT TOTAL DEDUCTIONS NET PAY 5,400.00 2,836.89 2,563.11 600.00 315.21 284.79 *Excluded from federal taxable wage 1. About how frequently does Hope receive a paycheck? a. Daily b. Weekly c. Every two weeks d. Monthly Analyze this sample pay stub and answer the questions that follow. COMPANY NAME EARNINGS STATEMENT Some Corporation 123 Somewhere Drive, Durham, NC 12345 EMPLOYEE NAME SSN ΕMPLOYEΕ ID CHECK NO. PAY PERIOD PAY DATE Hope Marie Kingsiey х-хх-6789 98856 98765 5/1/2020 - 5/15/2020 5/21/2020 INCOME RATE HOURS CURRENT TOTAL DEDUCTIONS CURRENT TOTAL YEAR-TO-DATE GROSS WAGES 15.00 40 600.00 FICA MED TAX 8.70 78.30 FICA SS TAX FED TAX NC ST TAX 37.20 334.80 90.00 810.00 34.50 310.50 HEALTH $76.58 $689.22 DENTAL $8.23 $74.07 RETIREMENT' $60.00 $540.00 YTD CURRENT YTD GROSS DEDUCTIONS YTD NET PAY CURRENT TOTAL DEDUCTIONS NET PAY 5,400.00 2,836.89 2,563.11 600.00 315.21 284.79 *Excluded from federal taxable wage 1. About how frequently does Hope receive a paycheck? a. Daily b. Weekly c. Every two weeks d. Monthly
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Auditing and Assurance Services A Systematic Approach
ISBN: 978-1259162343
9th edition
Authors: William Messier, Steven Glover, Douglas Prawitt
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