CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 3-2 Recording a Payroll and Payroll Taxes

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 2 LESSON Write the date. 2.Record the salary expense accounts. 3.Enter the check number. 4.Write the salary expense amounts. 5.Enter the liability accounts. 6.Record the liability amounts. 7.Write the net pay. JOURNALIZING PAYMENT OF A PAYROLL page

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 3 LESSON 3-2 Audio Department Payroll Taxes Expense CALCULATING EMPLOYER PAYROLL TAXES page 72

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 4 LESSON Write the date. 3.Write the source document. 4.Record the amount of payroll taxes. 2.Write expense account titles. 6.Enter the liability amounts. 5.Write the liability account titles. JOURNALIZING EMPLOYER PAYROLL TAXES page

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 5 LESSON Write the date. 3.Write the check number. 5.Record the amount paid. 4.Enter the liability amounts. 2.Enter the liability accounts. JOURNALIZING PAYMENT OF FEDERAL INCOME TAX, SOCIAL SECURITY TAX, AND MEDICARE TAX LIABILITY page

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 6 LESSON Record the amounts paid. 1.Write the date. 3.Write the check numbers. 4.Enter the liability amounts. 2.Enter the liability accounts. JOURNALIZING PAYMENT OF FEDERAL UNEMPLOYMENT TAX LIABILITY page

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 7 LESSON 3-2 TERMS REVIEW automatic check deposit electronic funds transfer (EFT) page 76