In this project, you are employed by Glo-Brite Paint Company. As the payroll clerk in the Accounting Department, you have been in charge of the payroll records since the company first began operations on January 5 of the current year. The company employs about 800 individuals; but for the purpose of this project, payroll records will be kept for only a dozen or so employees. By understanding the principles of payroll accounting for a few employees, you should be able to keep similar records for several hundred employees.
For purposes of this project, you will assume that the payroll records, tax reports, and deposits have been completed and filed for the first three quarters of this year. Your work will involve the processing of the payroll December, and the completion of the last quarterly and annual tax reports and forms.
You will use an Excel file and Cengage to complete the project. The Excel workbook has been set up like the project in Chapter 7. The Excel workbook will have five worksheets: a worksheet with basic Excel instructions, the journal, the general ledger, the payroll register, and employees' earnings records.
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here