Title

ACCT1101 - Payroll

Description

Description

This course covers the various tax laws pertaining to the computation and payment of salaries and wages. Topics include preparation of employment records, payroll registers, time cards, employee earnings records and government payroll reports.
API ID

Credits

3 (3/0/0)

Competencies

  1. Describe Fair Labor Standards Act (FLSA) provisions.
  2. Identify wage payment methods.
  3. Calculate gross earnings.
  4. Calculate Social Security coverages.
  5. Calculate percentage and wage-bracket withholding methods.
  6. Calculate payroll tax deposit requirements.
  7. Prepare employer quarterly and annual tax returns.
  8. Prepare payroll registers.
  9. Prepare employee earnings records.
  10. Record payroll journal entries.
Degrees that use this course

Degrees that use this course

Accounting
Degree:
Associate of Applied Science (AAS)
This program provides the knowledge and skills necessary to examine, analyze, interpret and correct accounting data for the purposes of...
Location:
Moorhead Campus
Online
Credits:
60
Accounting Clerk
Degree:
Diploma
This program provides the knowledge and skills necessary to perform routine calculating, journalizing, posting and verifying duties to...
Location:
Moorhead Campus
Online
Credits:
32
Payroll Specialist
Degree:
Diploma
This program provides the knowledge and skills necessary to perform routine calculating, journalizing, posting and verifying duties to...
Location:
Moorhead Campus
Online
Credits:
32