MAT 115 WEEK 2 DISCUSSION

MAT 115 WEEK 2 DISCUSSION
Banks and Payroll
Knowing about banks and their services helps all individuals, whether operating a business or not. In the first part of this module, you will examine the basics of banking.
 
Later in the module, payroll is discussed and examined, including how to calculate them.
Learning Objectives
Upon completion of this module, you should be able to: 
 
•         Identify check parts
•         Identify bank services
•         Reconcile a bank statement with a checking account
•         Calculate gross earnings
•         Recognize FICA
•         Recognize Medicare tax
•         Calculate income tax withholding
 
Discuss Your Understanding of Each Area above.