Accounting 2 – 4/15/08
Objective:
- Define and identify terms and practices related to payroll records
- Determine federal income tax withholding
I. Bellwork
A. What number (be specific) is used to determine that amount of the total payroll check?
B. How much withholding would a single person with 4 allowances and wages of $1350 have?
C. How much withholding would a married person with 4 allowances and wages of $1350 have?
II. Turn in WB pages 299-303
III. Notebook pg. 335
A. Case 1 Q+A
1. Do you agree with the new manager or the accounting clerk? Explain your
response.
IV. Classwork
A. Chapter 13 Study Guide
B. Determining Federal Income Tax: Handout Parts 1 & 2
Use schedules on Pages 318 & 319
V. Test on Thursday