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Lesson 12 1

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Lesson 12 1

  1. 1. LESSON 12-1 Preparing Payroll Time Cards CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
  2. 2. 2 ANALYZING A PAYROLL TIME CARD CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning page 341 LESSON 12-1
  3. 3. CALCULATING EMPLOYEE HOURS WORKED 1 2 3 page 342 1. Calculate the number of regular hours for each day and enter the amounts. 2. Calculate the number of overtime hours and enter the amounts. 3. Add Hours Reg and Hours OT columns and enter the totals. 4. Add the Hours column. 3 4 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 12-1
  4. 4. CALCULATING EMPLOYEE TOTAL EARNINGS 1 4 page 343 1. Enter the rate for regular time in the Rate column. 2. Calculate the regular earnings. Enter the amount. 3. Enter the rate for overtime. 4. Calculate the overtime earnings. Enter the amount. 5. Add the Amount column to calculate total earnings. Enter the amount of total earnings. 2 3 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 4 5 LESSON 12-1
  5. 5. 5 TERMS REVIEW     page 344 salary pay period payroll total earnings CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 12-1
  6. 6. 5 TERMS REVIEW     page 344 salary pay period payroll total earnings CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 12-1

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