Your SlideShare is downloading. ×
Lesson 13 4
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Lesson 13 4

65
views

Published on

Published in: Business, Technology

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
65
On Slideshare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide
  • {}
  • Transcript

    • 1. LESSON 13-4 Paying Withholding and Payroll Taxes CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
    • 2. PAYING THE LIABILITY FOR EMPLOYEE 2 INCOME TAX, SOCIAL SECURITY TAX, AND MEDICARE TAX CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning page 383 LESSON 13-4
    • 3. FORM 8109, FEDERAL DEPOSIT COUPON CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 3 page 384 LESSON 13-4
    • 4. 4 JOURNALIZING PAYMENT OF LIABILITY FOR EMPLOYEE INCOME TAX, SOCIAL SECURITY TAX, AND MEDICARE TAX page 385 January 15. Paid cash for liability for employee income tax, $757.00; social security tax, $1,451.38; and Medicare tax, $339.42; total, $2,547.80. Check No. 347. 1 5 3 2 1. Write the date. 2. Write the titles of the three accounts debited. 4 3. Write the check number. 4. Write the debit amounts. 5. Write the amount of the credit. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 13-4
    • 5. PAYING THE LIABILITY FOR FEDERAL UNEMPLOYMENT TAX CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 5 page 386 LESSON 13-4
    • 6. 6 JOURNALIZING PAYMENT OF LIABILITY FOR FEDERAL UNEMPLOYMENT TAX page 387 January 31. Paid cash for federal unemployment tax liability for quarter ended December 31, $34.60. Check No. 367. 1 2 3 4 5 1. Write the date. 2. Write the title of the account debited. 3. Write the check number. 4. Write the debit amount. 5. Write the amount of the credit to Cash. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 13-4
    • 7. 7 JOURNALIZING PAYMENT OF LIABILITY FOR STATE UNEMPLOYMENT TAX page 387 January 31. Paid cash for state unemployment tax liability for quarter ended December 31, $233.55. Check No. 368. 1 2 3 4 5 1. Date 2. Account debited 3. Check number 4. Debit amount 5. Credit amount CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 13-4
    • 8. 8 TERMS REVIEW page 389  lookback period CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 13-4

    ×