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ded HW The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $680,000; Office salaries, $136,000; Federal income taxes withheld, $204,000,

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ded HW The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $680,000; Office salaries, $136,000; Federal income taxes withheld, $204,000, State income taxes withheld, $45,500; Social security taxes withheld, $50,592, Medicare taxes withheld, $11,832; Medical insurance premiums, $16,500; Life insurance premiums, $13,500; Union dues deducted, $10,500; and Salaries subject to unemployment taxes, $69,000. 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 and cash payment of the net payroll for July. 3. Using the above information, complete the below table. 4. Record the accrued employer payroll taxes and all other employer-paid expenses and the cash payment of all liabilities for July- 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. Req 1 and 2 Req 3 Req 4 Using the above information, complete the below table and Prepare the journal entries to record accrued payroll and cash payment of the net payroll for July. Total % Paid by Premium Paid by Employees Premium Paid Premium Employees by Employer Employee Medical Insurance Payable Employee Life Insurance Payable Date General Journal Debit Credit Record journal entry for accrued payroll, including employee deductions, for July July 31 Using the above information, complete the below table and Prepare the journal entries to record accrued payroll and cash payment of the net payroll for July. Premium Paid by Employer % Paid by Premium Paid Total Premium Employees by Employees Employee Medical Insurance Payable Employee Life Insurance Payable General Journal Debit Credit Date Record journal entry for accrued payroll, including employee deductions, for July July 31 Record the cash payment of salaries July 31 Req 3 taxes are identical to 1.&2 Using the above information, complete the below table and Prepare the journal entries to record accrued pa payment of the net payroll for July. 3. Using the above information, complete the below table 4. Record the accrued employer payroll taxes and all other employer-paid expenses and the cash payment of all lial 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. Req 1 and 2 Reg 3 Req 4 Using the above information, complete the below table. Amounts Tax Tax Rate Tax Amount Subject to Tax State Unemployment Taxes Payable Federal Unemployment Taxes Payable KReq 1 and 2 Req 4> W KeO 1 and 2 Record the accrued employer payroll taxes and all other employer-paid expenses and the cash payment of all liabilities for July-as that FICA taxes are identical to those on employees and that SUTA taxes are 5.4% and FUTA taxes are 0.6% View transaction list Journal entry worksheet

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