ACCT 218 – Payroll Accounting

This course introduces the subject of payroll by presenting the federal and state rules and regulations governing employment, compensation, and payroll taxes. It takes the student step-by-step through the entire payroll process – from timekeeping, computation of gross earnings, and determining federal income tax and other payroll tax withholdings; to preparing and distributing the payroll; to recording or accounting for wages, tax liabilities, and payment or deposits. Students will also learn to use a 10-key calculator in