ALERT: First party cookies are required to sign in to The Lesson Builder. First party cookies are currently disabled on your browser.
What Are Cookies? Cookies are tiny pieces of information that your browser adds to a special folder on your computer to let certain websites recognize you as you move from page to page within the website, most commonly used to remember login or shopping cart info. The Lesson Builder uses a session cookie to remember you as you browse the website, so that new lessons you create are added to your library and so that your searches can differentiate between your lessons and other teachers' lessons. You can still view lessons without cookies enabled. A small percent of web users choose to disable cookies since some cookies (especially third-party cookies) are used by advertisers to track browsing behavior on other websites. The Lesson Builder doesn't require third-party cookies.
How Can I Enable First Party Cookies? It varies from browser to browser. Look for an 'options', 'settings', or 'tools' selection on your browser, or perform a web search for how to do it for your specific browser. You can choose to enable all cookies, enable only first party cookies, or add an exception to allow cookies from thelessonbuilder.org.
How Can I Know It's Fixed? When you think you have enabled cookies for this site, refresh the page and this message should disappear. If you still see this message after refreshing the page, cookies are still disabled for this site.
Add / Edit / Archive
Click to add class information to your unit.
Accounting Chapter 12
Grade Level:
10
Subject:
Accounting I
Start Date:
End Date:
Goal Summary:
Students should be able to calculate payroll and place payroll into register and an employee earning record and complete payroll checks
Standards Met:
Essential Questions:
What is the difference between salary and regular wages?
Why do we have to punch a timecard if we are salary?
What is a payroll?
When should we fill out a new W-4?
Who is responsible for keeping W-4 up to date?
Where does an employer get the information used to determine the amount of federal income tax to withhold from employees earnings?
Employee federal income tax withholdings are based on what two factors?
Does the employer or employee pay social security tax and Medicare tax?
Why would we choose zero dependents on our W-4?
What does the payroll register summarize?
How is netpay calculated?
Why do companies complete employee earnings records?
What is the source of information that is recorded on each employee's payroll check stub?
How do payroll procedures differ for employees who request that their pay be deposited through electronic funds transfer?
Understandings:
Click to enter the understandings you want students to have. Understandings are fact-based conclusions that require inquiry before they are grasped. These are often described in a 'Students should understand that' statement.
Content Goals:
Click to enter your content goals. These comprise the raw information that students should know at the end of the unit.
Skill Goals:
Click to enter your skill goals. These are usually described in a 'Students will be able to' statement.
Other Information:
Standards:
1. Define terminology related to payroll 2.1, CA1
2. Calculate time cards 1.7, MA1 A.IV.B.3-4.2
3. Calculate gross earnings (e.g., hourly rate, piece
rate, and salary/commission) 1.7, MA1, MA3, A.IV.B.3-4.2
4. Calculate net earnings (e.g., FICA, federal withholding, and insurance)
1.7, MA1, MA3, A.IV.B.3-4.3
5. Prepare a payroll register 1.8, CA4 A.IV.B.3.4.1
6. Prepare payroll checks 1.8 A.IV.B.3.4.1
7. Maintain an employee earnings record 1.8, MA1 A.IV.B.3-4.1
8. Calculate employer's payroll taxes (e.g., social security, federal and state unemployment, and Medicare) 1.7, MA1, MA3, A.IV.B.3-4.4
9. Journalize entries related to payroll 1.8, CA4 A.IV.B.3-4.1
10. Post entries related to payroll 1.8, MA1 A.I.3-4.10
11. Prepare federal, state, and local payroll reports 1.8, CA4, MA3 A.IV.B.3-4.5
Public Notes:
Click to enter. Public notes are visible to anyone who views your unit.
Private Notes:
Hide On Print
Click to enter. Private notes are visible only to you, when you are logged in.
Reflection:
Click to enter. Your reflection should be entered as you progress through and complete your unit. Evaluating what worked well and what could be improved will further your professional development, and help any teachers looking to build off your unit.