When completing a cash flow statement, take-home pay less deductions equals gross salary.

Name: When completing a cash flow statement, take-home pay less deductions equals gross salary.
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Take-home pay is the amount of money a person receives after deductions (such as taxes and benefits) have been taken out of their gross salary. To calculate gross salary, you would add all of the deductions back to the take-home pay. Therefore, the equation would be: take-home pay + deductions = gross salary.

When Completing a Cash Flow Statement, Take-Home Pay Less Deductions