Tax Liability Payments

In class, we tried, to put the payroll cycle (1 part of the accounting cycle) together.  The payroll cycle is as follows:

1.  Complete Payroll Register - Record in GJ/GL
2.  Compute Employer's Payroll Tax Expense - Record in GJ/GL
3.  Pay Liabilities (ex. SS Tax Payable) when due; either monthly or quarterly.


Do your best to complete 13-10 by Wed. - we will be going over it and practicing one together.


Notes - Tax Liability Payments


HW - Finish 13-10