Unit 4 - Lesson Plan – Payroll Records
Course Title – Accounting I
Behavioral Objectives










Calculate payroll using a time card.
Prepare a payroll register.
Prepare an employee earnings record.
Calculate payroll taxes for an employee.
Maintain a checking account for payroll.
Journalize and post a payroll register.
Calculate employer payroll taxes.
Journalize and post employee payroll taxes.
Report payroll taxes.
Journalize and post payroll tax payments.
OLD TEKS Correlations:
2010 TEKS Correlations:
This lesson, as published, correlates
to the following TEKS. Any
changes/alterations to the activities
may result in the elimination of any or
all of the TEKS listed.
120.42.C
1.b. apply information from source
documents
1.c. demonstrate the effects of
transactions on the accounting
equation, for example, T accounts;
3.a. compute gross pay;
3.b. compute net pay;
3.c. compute employee-paid
withholdings;
3.d. compute and complete payroll
tax expense forms;
3.e. compute salary expense;
3.f. post general journal entries;
3.g. prepare a Trial Balance;
3.h. calculate and record end-ofperiod adjustments;
3.i. update accounts through
adjusting and closing entries;
7.a. follow oral and written
instructions;
7.b. develop time management skills
by setting priorities for completing
work as scheduled
7.c. make decisions using appropriate
accounting concepts
This lesson, as published, correlates
to the following TEKS. Any
changes/alterations to the activities
may result in the elimination of any or
all of the TEKS listed.
Intro Lesson – Unit 4
130.166.C
2.b. – discuss the significance of
responsibility in accounting such as
ethical and social responsibility and
careers in accounting;
3.c. – demonstrate the effects of
transactions on the accounting
equation;
3.e. – use T accounts
3.g. – post journal entries to general
ledger accounts;
3.h. - prepare trial balances;
3.i. – journalize and post adjusting
and closing entries;
9.a. – interpret time cards to calculate
hours works;
9.c – calculate employee-paid
earnings such as gross earnings and
net pay;
9.d. – calculate employee-paid
withholdings;
9.e. – prepare a payroll register;
9.h. – prepare federal, state, and local
payroll tax reports
Copyright © Texas Education Agency, 2011. All rights reserved.
ACCOUNTING 1
7.d. explain the concepts of integrity
and confidentiality as related to the
accounting profession;
7.e. perform accounting procedures
using manual and automated
methods;
7.g. demonstrate use of the numeric
keypad by touch.
Intro Lesson – Unit 4
Copyright © Texas Education Agency, 2011. All rights reserved.
ACCOUNTING 1
TAKS Correlation:
READING
Objective 1: The student will demonstrate a basic understanding of culturally
diverse written texts.
WRITING
Objective 5: The student will produce a piece of writing that demonstrates a
command of the conventions of spelling, capitalization, punctuation, grammar,
usage, and sentence structure.
Objective 6: The student will demonstrate the ability to revise and proofread to
improve the clarity and effectiveness of a piece of writing.
MATH
Objective 10: The student will demonstrate an understanding of the
mathematical processes and tools used in problem solving.
Unit Overview:
Introduce students to payroll procedures for a business including calculating
payroll, keeping payroll records, journalizing and posting payroll. The unit covers
the calculation, journalizing, posting and payment of employers’ taxes as well as
reporting taxes. Students have the opportunity to explore importance of
confidentiality as it relates to payroll.
Learner Preparation:
Read the article at http://www.accountingcoach.com/online-accountingcourse/13Xpg01.html on reconciling bank statements and keeping track of a
check register.
Prepare a presentation that summarizes the article you read from the Web site,
with a minimum of 6 slides.
Lesson Content:
The lesson covers instruction in opening and maintaining checking accounts,
reconciling bank statements and preparing journal entries resulting from banking
transactions.
Intro Lesson – Unit 4
Copyright © Texas Education Agency, 2011. All rights reserved.
ACCOUNTING 1
Assessment:


Observation
Graded Assignments
Intro Lesson – Unit 4
Copyright © Texas Education Agency, 2011. All rights reserved.
ACCOUNTING 1
Additional Resources:
Textbooks:
Guerrieri, Donald J., Haber, Hoyt, Turner. Glencoe Accounting RealWorld Applications and Connections. Glencoe McGraw-Hill, 2000.
ISBN/ISSN 0-02-815004-X.
Ross, Kenton, Gilbertson, Lehman, and Hanson. Century 21 Accounting
Multicolumn Journal Anniversary Edition, 1st Year Course. SouthWestern Educational and Professional Publishing, 2003.
ISBN/ISSN: 0-538-43524-0
Ross, Kenton, Gilbertson, Lehman, and Hanson. Century 21 General
Journal Accounting Anniversary Edition, 7th Edition. SouthWestern Educational and Professional Publishing, 2003.
ISBN/ISSN: 0-538-43529-1.
Websites:
Reconciling your Bank Account. Swinburn University of Technology –
Computing and Information Technology
http://cit.wta.swin.edu.au/cit/subjects/VBH055/Topics/Topic08BankReconciliation.pdf
Bank Statement Reconciliation. Rutgers Accounting Research Center,
2009. http://accounting.rutgers.edu/raw/courses/ex05~1.htm.
replace link
Checking Account. Investopedia.com, 2009.
http://www.investopedia.com/terms/c/checkingaccount.asp.
Business Partners:



Banker
Teller
Customer Service Representative in a Bank
Intro Lesson – Unit 4
Copyright © Texas Education Agency, 2011. All rights reserved.
ACCOUNTING 1