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ASSETS & PAYROLL


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Price:  $139
Format: DVD

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Catalogue Number:  010274DV
Producer:  Films Media Group
Subject:  Accounting
Language:  ENGLISH
Grade Level:  9 - Post Secondary
Country of Origin:  U.S.
Copyright Year:  2002
Running Time:  13
Rights:  PPR

Giving equal time to two vital accounting topics, this program explains how accountants handle assets and payroll. The video begins with the acquisition and retention of tangible fixed assets through capital expenditures and revenue expenditures. Then, methods of accounting for tangible fixed assets with respect to depreciation and disposal are presented. Allocation of an asset's cost over its useful life is outlined, as well as five methods of depreciation. The discarding and sell-off of plant assets are also discussed, along with the amortization of intangible assets. The video then plunges into the topic of wages, beginning with an overview of payroll expenditures and their accompanying taxes and regulations. Next, the intricacies of gross pay, net pay, and payroll-related liabilities are thoroughly sorted out, leading to a discussion of how payroll is recorded. Last, the proper treatment of fringe benefits from an accounting perspective is demonstrated.





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McIntyre Media was founded in 1965 and continues its role as one of the most highly respected companies in the educational media market in Canada. Our collection of fantastic programs from our award winning producers continues to grow each and every year. Recently we have expanded our repertoire to include our own productions which now number 12 and have been produced specifically for the Canadian educational market. + read more