Day 43 (CA)

 

GOAL: Before you leave class today you will:

  1. Journalize the entry for the deposit of employees’ state income taxes withheld.
  2. Complete Employer’s Quarterly Federal Tax Return, Form 941
  3. Prepare W-2 and W-3 forms and Form 940
  4. Calculate the premium for workers’ compensation insurance and prepare the entry for payment in advance
  5. Determine the amount of the end-of-the-year adjustments for (a) workers’ compensation insurance and (b) accrued salaries and wages and record the adjustments.

Chapter 8

  1. Log in to cengagenow
  2. Click Study Tools
  3. Click Adaptive Study Plans
  4. Next to Chapter 8 – Employer Taxes, Payments, and Reports click Resume Studying
  5. Under Objectives & Study Materials click 4. Journalize the entry for the deposit of employees’ state income taxes withheld.
  6. Under Study Materials click eBook – 8.4: Deposits of Employees’ State Income Tax Withholding follow along while watching this video
  7. WATCH:Show Me How: Journalize the entry for the deposit of employees’ state income taxes withheld.
  8. Under Objectives & Study Materials click 5. Complete Employer’s Quarterly Federal Tax Return, Form 941.
  9. Under Study Materials click  eBook – 8.5: Employer’s Quarterly Federal Tax Return (Form 941)  follow along while watching this video
  10. WATCH: Show Me How: Complete Employer’s Quarterly Federal Tax Return, Form 941.
  11. Under Objectives & Study Materials click 6. Prepare W-2 and W-3 forms and Form 940.
  12. Under Study Materials click eBook – 8.6: Wage Withholding Statements for Employees (Form W-2)  follow along while watching this video
  13. WATCH: Show Me How: Prepare W-2 and W-3 forms and Form 940.
  14. Under Objectives & Study Materials click 7. Calculate the premium for workers’ compensation insurance and prepare the entry for payment in advance.
  15. Under Study Materials click eBook – 8.7: Workers’ Compensation Insurance follow along while watching this video
  16. WATCH:Show Me How: Calculate the premium for workers’ compensation insurance and prepare the entry for payment in advance.
  17. DO & SHOW ME AS YOU COMPLETE EACH ONE:
    1. Practice!
  18. Under Objectives & Study Materials click 8. Determine the amount of the end-of-the-year adjustments for (a) workers’ compensation insurance and (b) accrued salaries and wages and record the adjustments.
  19. Under Study Materials click eBook – 8.8: End-of-Year Payroll Related Adjustments follow along while watching this video
  20. WATCH: Show Me How: Determine the amount of the end-of-the-year adjustments for (a) workers’ compensation insurance and (b) accrued salaries and wages and record the adjustments.
  21. DO & SHOW ME AS YOU COMPLETE EACH ONE:
    1. Practice!
  22. Open the CHAPTER 8 WORKING PAPERS and complete the following. Print each one:
    1. Exercise 8-8 page 355