Accounting Ch 12

The money paid for employee services.

The period covered by a salary payment.

The total pay due for a pay period before deductions.

The total amount earned by all employees for a pay period.

Taxes based on the payroll of a business

A deduction from total earnings for each person legally supported by a taxpayer, including the employee.

A federal tax paid for old-age, survivors, and disability insurance.

A federal tax paid for hospital insurance.

The maximum amount of earnings. on which a tax is calculated.

A business form used to record payroll information.