"Glencoe Accounting: Real-World Applications & Connections," Vocabulary from Chapter 12

This list focuses on payroll accounting (Unit 3, Chapter 12).

Here are links to all the chapters of Unit 3, Accounting for a Payroll System: Chapter 12, Chapter 13

Here are links to all the units of the first-year accounting textbook published by McGraw-Hill: Unit 1, Unit 2, Unit 3, Unit 4, Unit 5, Unit 6, Appendixes
18 words 56 learners

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Full list of words from this list:

words only definitions & notes
  1. employee
    a worker who is hired to perform a job
  2. salary
    fixed payment for services
  3. gross
    the entire amount of income before any deductions are made
  4. wage
    payment for work
  5. badge
    an emblem that signifies your status
  6. commission
    a fee for services rendered
  7. item
    a whole individual unit
  8. deduction
    a decrease in the gross amount on which a tax is calculated
  9. withhold
    retain and refrain from disbursing, of payments
  10. allowance
    an amount added or deducted due to qualifying circumstances
  11. voluntary
    controlled by individual choice
  12. contribution
    an amount of money given
  13. plan
    a series of steps to be carried out or goals to be achieved
  14. register
    a book in which names and transactions are listed
  15. accumulate
    collect or gather
  16. percentage
    a proportion in relation to a whole
  17. ensure
    make certain of
  18. ergonomics
    the use of life sciences to study workers and their environments
Created on Wed Oct 19 16:59:26 EDT 2016 (updated Fri Oct 21 17:39:11 EDT 2016)

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