Examlex
Which of the following would not be an account in the general ledger of a corporation?
Medical Benefits
Health-related benefits, typically provided by an employer, that cover medical expenses for employees.
Overtime Rate
The increased pay rate employers are required to pay employees for hours worked beyond the standard workweek, typically 1.5 times the regular hourly rate.
Net Pay
The amount of an employee's salary that remains after deducting taxes and other statutory deductions.
Gross Pay
The total amount of an employee's earnings before any deductions or taxes are applied.
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