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Based on the module assignments and readings, please complete the following mastery assessment. Part I Theory: Using a minimum of a paragraph on each item,

Based on the module assignments and readings, please complete the following mastery assessment.

Part I Theory:

Using a minimum of a paragraph on each item, thoroughly answer the following:

  1. Identify and discuss what payroll registers are.
  2. Describe how to journalize and post payroll and payroll tax entries.
  3. Explain the different federal, state, and city tax deposit forms.
  4. Describe how to make the accrual entries for the payroll at the end of a year.
  5. What are the positives and negatives associated with payroll registers and entries for your place of work or prospective career?

Part II Calculations:

Down load the Module Mastery Assessment Instructions PDF the Excel Spreadsheet that is linked below to record the required journal entries using the proper journal format. Save the files as Module 6 Mastery (your name) and up load your file.

Module 6 Mastery Assessment Instructions PDF FileDownload Module 6 Mastery Assessment Instructions PDF File

Module 6 Mastery Excel Spreadsheet File

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