Chapter 13

Scope and Sequence

13-1 Recording a Payroll

• • Different forms of payroll information 

  • payroll register

  • Analyzing payment of a payroll 

  • Journalizing payment of a payroll 

13-2 Recording Employer Payroll Taxes

• • Calculating employer payroll taxes

  • Unemployment taxable earnings

  • Unemployment taxes

  • Journalizing employer payroll taxes

13-3 Reporting Withholding and Payroll Taxes

• • Employer annual report to employees of taxes withheld

  • Employer's quarterly federal tax return

  • Preparing an employer's quarterly federal tax return

  • Employer annual reporting of payroll taxes

13-4 Paying Withholding and Payroll Taxes

• • Paying the liability for employee taxes

  • Form 8109, Federal Deposit Coupon

  • Journalizing payment of liability for employee taxes

  • Liability for federal and state unemployment taxes

   Objectives

• • Define accounting terms related to payroll accounting, taxes and reports 

  • Identify accounting concepts and practices related to payroll accounting, taxes, and reports

  • Analyze payroll transactions and record a payroll

  • Record employer payroll taxes. 

  • Prepare selected payroll tax reports. 

  • Pay and record withholding and payroll taxes

Vocabulary

• • Federal Unemployment Tax

  • State Unemployment Tax

  • Lookback Period