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Which of the following describes how to calculate net pay? Subtract the total deductions from the net pay. Subtract the total deductions from the net pay. Subtract the total deductions from the gross pay. Subtract the total deductions from the gross pay. Add the total deductions to the gross pay. Add the total deductions to the gross pay. Subtract the total deductions from the take-home pay.

User Thgaskell
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16 votes

Answer:

(b) Subtract the total deductions from the gross pay

Explanation:

The term "net pay" is applied to the pay after deductions are subtracted. It is also called "take-home pay."

The pay computed based on earnings, commissions, credits, and bonuses, before any deductions, is called the "gross pay."

net pay = gross pay - deductions

Net pay is calculated by subtracting total deductions from gross pay.

User Umlcat
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