Laserfiche WebLink
Prerequisite: None <br />40 Hours Lecture <br />20 Hours Lab <br />5.0 Quarter Credits <br />CIT202: Computerized Use the leading small business accounting package to organize records, prepare financial <br />Accounting II reports, handle payroll and automatically calculate federal and state taxes as well as <br />withholding and employer contributions. Throughout, attention is devoted to creating <br />easy -to -read statements including profit and loss, balance sheets, accounts receivable, <br />accounts payable, budget, payroll and project reports as well as graphs which give the <br />students a quick snapshot of overall business. Upon successful completion of the course, <br />students should be able to: <br />• Demonstrate how to prepare sales tax <br />• Demonstrate how to prepare payroll tax reports <br />• Formulate and estimate quarterly income tax payments <br />• Demonstrate haw to prepare employee (W-2), non -employee (W-3) 1099, and <br />940 tax forms <br />• Discuss the various calculations involved in utilizing the computer in calculations <br />needed in business <br />Prerequisite: C401 must be taken before C402 <br />40 Hours Lecture <br />20 Hours Lab <br />5.0 Quarter Credits <br />Last Revision Date on December 12, 2020 <br />