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 Record the cash payment of salaries. July 31 Req3 > u u r , pus,vo, , taxes are identical to those on employees and that SUTA taxes are 5.4% and FUTA taxes are 0.6% 182. 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 Req3 Reg 4 Using the above information, complete the below table. Tax Amounts Tax Rate Tax Amount Subject to Tax State Unemployment Taxes Payable Federal Unemployment Taxes Payable 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, 544640; 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% 182. 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 abilities for July assume that FICA taxes are identical to those on employbes 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 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%. View transaction lit Journal entry worksheet 1 2 3 Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 7,000 shares of $10 par value common stock for $84,000 cash. 2. A corporation issued 3,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $43,500. The stock has a $1 per share stated value. 3. A corporation issued 3,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $43,500. The stock has no stated value. 4. A corporation issued 1750 shares of $100 par value preferred stock for $218,500 cash. View transaction Hist Journal entry worksheet A B C D Record the issue of 7,000 shares of $10 par value common stock for $84,000 cash Note: Enter debits before credits Transaction General Journal Debit Credit Sudoku Company issues 25,000 shares of $7 par value common stock in exchange for land and a building. The land is valued at $234,000 and the building at $373,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building View transaction list Journal entry worksheet
