Accounting – 10/15/19

I. Bellwork  Q&A

Is it better to get paid with cash or a check???  Explain your reasoning

II. Objectives

  • Describe the different ways employees are compensated and evaluate the benefits and drawbacks of each
  • Understand how employees get paid and payroll terminology
  • Identify strategies for income tax withholding
    Distinguish between voluntary and involuntary deductions
  • Distinguish between gross pay and net pay
  • Describe typical employee fringe benefits and evaluate their relative importance

III. Turn in Job Shadow Sheet

IV. Budget Challenge 

  • Payroll Quiz
  • Fix Checking 50 cent fee
  • Pay & Record Bills

V. Classwork

  • Page 97  Vocab (5) & 1-2 Q&A
  • Did you put 3M on MindTap??


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