In this section we will reconcile a checking account with a bank statement both by hand and using a spreadsheet. We define account number, bank statement, statement period, starting and ending balances, outstanding deposits, outstanding checks,…
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In this lesson we get a basic understanding of how checking accounts work. We define words like checking account, EFT, hold, insufficient funds, overdraft protection, ATM, PIN, maintenance fee, interest, single & joint account, check register,…
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In this chapter we discuss Social Security, Medicare, FICA and Social Security numbers. We learn to calculate social security tax and medicare tax from an annual salary. Hopefully you get an introduction to these two mandatory…
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This chapter covers employee benefits. We discuss health insurance, retirement plans, paid vacation time, pensions, unemployment and workers compensation. We work through a few problems to put some of the theoretical principals into practice. The objective…
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Chapter 6.3 Commissions, Royalties, Piecework Pay – This chapter we discuss what I feel to be the best way to earn money. They sky is the limit on what you can earn in this chapter. Sales…
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Chapter 6.2 Pay Periods and Hourly Rates we go over the different ways employees get paid. We cover vocabulary weekly, biweekly, semimonthly, monthly, direct deposit, hourly rate, time-and-a-half, double pay, gross pay and minimum wage. We…
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Looking for Employment. Chapter 6.1 Financial Algebra. In this section we discuss the basics of finding employment like employment agencies, resumes, social media and IRS Form W4. Finding employment can be a full time job in…
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This chapter covers employment basics. This video is an intro the the chapter and what topics will be covered. It is an overview, Looking for Employment, Pay periods and hourly rates, Commissions, Royalties and Piecework Pay,…
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The Business Bros head out to San Diego Comic-Con 2018 and ask patrons business questions about their fantasy universe. Watch and enjoy as these characters stay in character and answer some real life basic questions. Please…
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