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LESSON 12-3. Preparing Payroll Records. PAYROLL REGISTER. page 351. 1. Pay period date. 8. Health insurance premium deductions. 2. Payment date. 9. Other employee payroll deductions. 10. Total deductions. 3. Employee personal data. 11. Net pay. 4. Earnings.
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LESSON 12-3 Preparing Payroll Records
PAYROLL REGISTER page 351 1. Pay period date 8. Health insurance premium deductions 2. Payment date 9. Other employee payroll deductions 10. Total deductions 3. Employee personal data 11. Net pay 4. Earnings 12. Total, prove, and rule 5. Federal income tax withheld 13. Check number 6. Social security tax withheld 7. Medicare tax withheld LESSON 12-3
5 EMPLOYEE EARNINGS RECORDS page 353 1. Last day of quarter 2. Employee personal data 3. Beginning accumulated earnings 4. Pay period 3 5. Earnings, deductions, net pay 6. Updated accumulated earnings 7. Total and prove LESSON 12-3
TERMS REVIEW page 355 • payroll register • net pay • employee earnings record LESSON 12-3
LESSON 12-4 Preparing Payroll Checks
PAYROLL BANK ACCOUNT page 356 1. Prepare the check stub. 2. Prepare the check. LESSON 12-4
EMPLOYEE’S PAYROLL CHECK page 357 1. Prepare the check stub of each employee’s payroll check. 2. Prepare each employee’s payroll check. LESSON 12-4