I.  Bellwork What is the journal entry (Debits & Credits) for recording employer payroll tax expense? II.  Objectives Calculate and  record employer payroll and payroll taxes Pay and Record withholding and payroll taxes III. Classwork 13 R page D-11 IV.  Chapter 13 Test Tomorrow V.  Turn in Job Shadows tomorrow VI. Wednesday & Thursday Next […]

I.  NOCTI Exam A.  Pass with a 70 or higher and +10 summative II.  Job Shadow due Friday -See Google classroom III.  Classwork Chapter 13 Mastery Problem Reference: iLearn PPT:  Chapter 13 Journal Entries  

I. Bellwork Page 405 Analyzing Nike’s Financial Statements 1-2 Q&A II. Objectives Review journal entries to record and pay employee and employer payroll taxes Analyze and interpret financial statement information III.  Job Shadow due Friday -See Google classroom IV.  Notebook/Discussion: iLearn PPT:  Chapter 13 Journal Entries V Classwork Chapter 13 Mastery Problem

I.   Bellwork Q&A  Explain the importance of a Form W-2  What is the purpose of Form 941? II Objectives: Interpret, Analyze, Pay and Record withholding and payroll taxes Apply proper GAAP when paying  withholding and  payroll taxes III.  Paying  withholding and  payroll taxes pages 392-397   A.  Discussion/Notebook Paying Liability for Employee Income Tax, SS Tax […]

I.  Bellwork Q&A Page 386  Audit Your Understanding 1-2 II.  Objectives: Reporting Withholding and Payroll Taxes Create a tree map identifying the different tax reports employers are required to file . III.  Recording Employer Payroll Taxes p. 387-391 A.  Discussion/Notebook Annual Report to Employees of Taxes Withheld W-2 Employers Quarterly Federal Income Tax 941 Employer […]

I Bellwork Q&A Where does the information to journalize the payment of payroll originate? What account is used to record the total payment of payroll? What account is used to record the amount of net pay? II Objectives: Calculate and record employer payroll taxes Create a brace map identifying the accounts included in journalizing Salary […]

I.  Bellwork Page 377 Critical Thinking 1-2 II.  Objectives: Analyze a payroll transaction Journalize a payroll including employee payroll taxes Create a brace map identifying the accounts included in journalizing Salary Expense. III.  Discussion/Notebook Purpose of Salary Expense Source Document Used Brace Map: accounts included in journalizing Salary Expense Journal Used to Record the Entry […]

I.  Bellwork Q&A What is NOCTI and what does it do? https://nocti.org/about.cfm II.  Objectives: Review and discuss practice questions in preparation for the NOCTI Accounting exam III.  Chapter 12 Retakes – Wednesday after school (1:00 pm – 4 pm) IV.  Job Shadows due next week:  Form on Google Classroom V.  NOCTI practice on iLearn (Formative […]

I.  Section 12 Exam Determine regular hours, overtime hours, regular pay and overtime pay. Complete a payroll register II.  Final Exam 5/22 & 5/23

I.   Objective Interpret, analyze , and record transactions involving Payroll Accounting Determine the meaning of words and phrases as they are used in a text, III. Classwork Chapter 12 Test