Keesha Co, borrows $225,000 cash on December 1, 2017, by signing a 90-day, 8% note with a face value of $225,000 1. On what date does this note mature? (Assume that February has 28 days) February 24, 2018 February 25, 2018 February 26, 2018 February 27, 2018 March 01, 2018 2.& 3. What is the amount of interest expense in 2017 and 2018 from this note? (Use 360 days a year. Round final answers to the nearest whole dollar.) Answer is complete and correct. Total Interest Interest 4. Prepare journal entries to record (a) issuance of the note, (b) accrual of interest at the end of 2017, and (c) payment of the note at maturity. (Assume no reversing entries are made.) (Use 360 days a year. Do not round intermediate calculations.) Answer is not complete. No Transaction General Journal Debit Credit The following monthly data are taken from Ramirez Company at July 31: Sales salaries. $660,000; Offie salaries, $132,000; Federal income taxes withheld, $198,000; State income taxes withheld, $44.000, Social security taxes withheld, $49,104: Medicare taxes withheld, $11,484; Medical insurance premiums, $16,000; Life Insurance premiums, $13,000; Union dues deducted, $10.000; and Salaries subject to unemployment taxes, $68,000. 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-pald 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% Req 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% NO Date Debit Credit 1 July 31 82,068 49,104 General Journal Payroll taxes expense State unemployment taxes payable FICA-Medicare taxes payable Employee fed, Inc. taxes payablo Employee medical insurance payable Employee life insurance payable Employee union dues payable x 11,484 3,672 408 9,600 7,800