Five sessions on the entries a small business makes every fortnight — and the one set of numbers where a mistake has a person on the other end.

Two employees earn $2,307.50. They take home $1,882.47. The studio spends $2,560.18. All three are correct, and working out the relationships between them is the unit.

Your student computes gross pay with overtime, builds a payroll register, works out the employer's own tax burden — the part nobody sees — and writes the three journal entries that record it.

That an employee costs more than their wage explains a great deal about hiring, and is worth knowing before a first job negotiation.

WHAT'S INCLUDED

Written by a licensed K-12 business teacher with more than thirteen years in the classroom. Built to be taught by a parent with no background in the subject.