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paid a salary and earned $48,500 in 2021, what is the gross monthly earnings? What is the net monthly earnings?

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter7: Employee Earnings And Deductions

Section: Chapter Questions

Problem 5QY

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For an obligor who is paid a salary and earned $48,500 in 2021, what is the gross monthly earnings? What is the net monthly earnings?

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