Accounting 2 – 4/28/08
Objective:
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Journalize all payroll transactions and record withholding and payroll taxes.
I. Bellwork
A. What is the money collected from payroll Social Security tax used for? Explain.
B. What is the money collected from payroll Medicare tax used for? Explain
II. Turn in Workbook page 323
III. Classwork
A. Chapter 14 Review Sheet
B. Page 367 Automate Mastery Problem 14-5 (F14-1)
IV. Homework
A. Recycle Problem 14-1 pg. C-14
V. Chapter 14 test tomorrow