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3 The following models are not come 100.000 500.000 incomes with 0000S come OSLO witheid $10.40 Micro SOLE SILSOO USE SOOS Sowjeto employment $55.000 Thema

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3 The following models are not come 100.000 500.000 incomes with 0000S come OSLO witheid $10.40 Micro SOLE SILSOO USE SOOS Sowjeto employment $55.000 Thema em RCA tussen is een ene eSUTAFUTA 1. & 2. uur the shove information commenting employee dedictions and potent 2. Using the above incontro 4. Record the word met payroles and the the Artist SUTAFUTA Contatti question watering your answers in the them ung the water pie mandament www. EM 31 NO 2 1 0 3 1 4 5 6 7 B 3 Q 2 w E R T Y U A S D F TI G H N B N B . 3 s Command option command The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $600,000; Office salaries, $120,000; Federal income taxes withheld, $180,000; State income taxes withheld, $40,000; Social security taxes withheld, $44,640; Medicare taxes withheld, $10,440; Medical insurance premiums, $14,500; Life insurance premiums, $11,500, Union dues deducted. $8,500; and Salaries subject to unemployment taxes, $65,000. The employee pays 40% of medical and life insurance premiums. Assume that FICA taxes are identical to those on employees and that SUTA taxes are 5.4% and FUTA taxes are 0.6% 1. & 2. Using the above information, complete the below table and prepare the journal entries to record accrued payroll, including employee deductions, and cash payment of the net payroll (salaries payable) for July 3. Using the above information, complete the below table. 4. Record the accrued employer payroll taxes and other related employment expenses and the cash payment of all liabilities related to the July payroll-assume that FICA taxes are identical to those on employees and that SUTA taxes are 5.4% and FUTA taxes are 0.6% Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Using the above information, complete the below table. Amounts Subject to Tax State Unemployment Taxes Payable Federal Unemployment Taxes Payable ty wi wwwwwww *** prywy income taxes withheld, $180,000; State income taxes withheld, $40,000; Social security taxes withheld, $44,640; Medicare taxes withheld, $10,440; Medical insurance premiums, $14,500; Life insurance premiums, $11,500; Union dues deducted, $8,500, and Salaries subject to unemployment taxes, $65,000. The employee pays 40% of medical and life insurance premiums. Assume that FICA taxes are identical to those on employees and that SUTA taxes are 5.4% and FUTA taxes are 0.6% 1. & 2. Using the above information, complete the below table and prepare the journal entries to record accrued payroll, including employee deductions, and cash payment of the net payroll (salaries payable) for July 3. Using the above information, complete the below table, 4. Record the accrued employer payroll taxes and other related employment expenses and the cash payment of all kiabilities related to the July payroll-assume that FICA taxes are identical to those on employees and that SUTA taxes are 5.4% and FUTA taxes are 0.6% Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Record the accrued employer payroll taxes and other related employment expenses and the cash payment of all liabilities related to the July payroll-assume that Federal Insurance Contributions Act (FICA) taxes are identical to those on employees and that State Unemployment Taxes (SUTA) are 5.4% and Federal Unemployment Taxes (FUTA) are 0.6%. View transaction list Journal entry worksheet

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