TABLE 17-1 Classes of Transactions, Accounts Business Functions, and related Documents and Records for the Payroll and Personnel Cycle Class of Business Documents Transactions Accounts Functions and records Payroll Payroll cash Personnel and employment Personnel records All payroll expense accounts Deduction authorization All payroll withholding form Rate authorization All payroll accrual accounts Timekeeping and payroll Time card preparation Job time ticket Summary payroll report Payroll journal Payroll master file Payment of payroll Payroll check Payroll bank account reconciliation Preparation of payroll tax W-2 form returns and payment of taxes payroll tax returns Loebbecke, Auditing, 8/E 2000 Prentice Hall. InArens, Loebbecke; Auditing, 8/E ©2000 Prentice Hall, Inc