Accounting

Accounting - Chapter 12

Chapter Objectives

  • Explain how employees are paid.
  • Calculate hourly employee earnings.
  • Demonstrate the process for determining federal income tax withholdings.
  • Demonstrate the process for calculating Social Security and Medicare taxes.
  • Explain the benefits of funding medical and retirement plans with pretax contributions.
  • Prepare a payroll register.
  • Prepare employee earnings record.
  • Justify the use of a payroll checking account.
  • Prepare employee payroll checks.

Preparing Payroll Records

Chapter 12 PowerPoint

12-1 | 12-2 | 12-3 | 12-4

Chapter 12 Quizlet

View

Application Problem 12-3

Download

Mastery Problem

Download

Think Like An Accountant

Download

Forensic Accounting

Download