ACCT 270 - Payroll Accounting

3 Unit(s)

Prerequisite(s) ACCT& 201 or ACCT 110 & 120
Introductory course covering payroll calculation, accounting, and reporting, including knowledge of the Fair Labor Standards Act, the Social Security Act, federal income tax withholding laws, and other laws affecting payroll operations and employment practices. Topics include: computing and paying wages and salaries; Social Security and Medicare tax withholding; federal income tax withholding; unemployment compensation taxes; and analyzing and journaling payroll transactions.