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What is the difference between a salary and a wage

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Question 1: On July 1, Bella Salon Company issued a 60-day note with a face amount of $60,000 to Delilah Hair Products Company for merchandise inventory. Determine the interest on the note, assuming the note carries an interest rate of 6%, and journalize the payment of the note once matured.

Question 2: What's the difference between a salary and a wage?

Question 3: What is gross pay vs. net pay?

Question 4: What is the purpose of a W-4?

Question 5: What is the purpose of a W-2?

Reference no: EM132822474

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