Day 121

After studying Chapter 13, you will be able to:

• 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.

Lesson 13-2 Notes

1. Obtain a copy of the notes handout.
2. Read Lesson 13-2 on pages 373-377.
3. As you read, utilize this presentation to help you fill in the missing parts on the handout. 

Working Together 13-2

1. Make a copy of this spreadsheet.
2. Place this file in your Chapter 13 folder.
3. Rename the file to Lesson 13-2 (Your Initials)
4. Complete the spreadsheet according to the directions on page 377 or below.

On Your Own 13-2

1. Payroll information taken from employee earnings records is given below.  A form and general journal page are provided in the Lesson 13-2 spreadsheet.  Work this problem independently.  Following the instructions on page 377 or below.
   

   Employee Name	Accumulated Earnings, May 31	Total Earnings for June 1-15 Pay Period
   Caldwell, Sarah H.	$6,020.00	$580.00
   Easley, Benjamin P.	$5,450.00	$620.00
   Franks, John J.	$8,420.00	$1,000.00

Self-Assessment 13-2

1. Complete this self-assessment for Lesson 13-2.  You can use your textbook and notes to complete this assessment. 

Application Problem 13-2

1. Using your Lesson 13-2 spreadsheet, click on the Application Problem 13-2 sheet at the bottom left, and complete the problem as directed on page 391 or below.