1. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 12-3 Preparing Payroll Records

2. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 2 LESSON 12-3 PAYROLL REGISTER page 351 8. Health insurance premium deductions 2. Payment date 3. Employee personal data 9. Other employee payroll deductions 4. Earnings 10. Total deductions 5. Federal income tax withheld 11. Net pay 6. Social security tax withheld 12. Total, prove, and rule 7. Medicare tax withheld 13. Check number 1. Pay period date

3. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 3 LESSON 12-3 EMPLOYEE EARNINGS RECORDS page 353 7. Total and prove 5.Earnings, deductions, net pay 2.Employee personal data 1.Last day of quarter 4.Pay period 3.Beginning accumulated earnings 6. Updated accumulated earnings 3 5

4. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 4 LESSON 12-3 TERMS REVIEW payroll register net pay employee earnings record page 355

5. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 12-4 Preparing Payroll Checks

6. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 6 LESSON 12-4 PAYROLL BANK ACCOUNT 1.Prepare the check stub. page 356 2.Prepare the check.

7. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 7 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.