Payroll Accounting

Subject ID Classroom Hours Lab Hours Clinic Coop Or Shop Hours Credit Hours
ACC
140
1
2
0
2
Prerequisite:

ACC 115 or ACC 120

Corequisite:

None

This course covers federal and state laws pertaining to wages, payroll taxes, payroll tax forms, and journal and general ledger transactions. Emphasis is placed on computing wages; calculating social security, income, and unemployment taxes; preparing appropriate payroll tax forms; and journalizing/ posting transactions. Upon completion, students should be able to analyze data, make appropriate computations, complete forms, and prepare accounting entries using appropriate technology.