ACC 140 Payroll Accounting

Lecture: 1 Lab: 2 Clinic: 0 Credits: 2

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. Pre-requisite(s): ACC 115 or ACC 120 .