Merger Co has 10 employees, each of whom cams $1,400 per month and has been employed since January 1, FICA Social Security taxes are 6.2% of the first $128.400 paid to each employee, and FICA Medicare taxes are 145% of gross pay. FUTA taxes are 0.69 and SUTA taxes are 54% of the first $7000 paid to each employee Prepare the March 31 journal entry to record the March payroll taxes expenses. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet 1 > Record employer payroll taxes bare credits General Journal Cremit Date MASI Record entry Clear entry View general Journal The following monthly data are taken from Ramirez Company at July 31, Sales salaries. $460,000, Omce salaries $92,000. Federal income taxes withheld, $138,000, State income taxes withheld, 531000: Social security taxes withheld, 534224, Medicare taxes withheld $8,004, Medical Insurance premiums, 511000. Life insurance premiums 58.000; Union dues deducted, $5,000and Salaries subject to unemployment taxes, $58,000. The employee pays 40% of medical and life insurance premiums. Assume that FICA are identical to those an employees and that SUTA taxes are 5.4% and FUTA taxes are 0.6% 162. Using the above information, complete the below table and prepare the journal entries to record accrued payroll and cash payment of the net payool for July 3. Using the above information, complete the below table. 4. Record the accrued employer payroll yaxes and all other employer paid expenses and the cash payment of all abilities for July assume that FICA taxes are identical to those on employees and that SUTA taxes are 5,4% and FUTA tos are 0.6% Complete this question by entering your answers in the tabs below. Reg1 and 2 Rega Red 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 Pald Premium Paid Premium Employees by Employees by Employer Employee Medical Insurance Payable Ercy Life Insurance Payable Date General Journal Dobit Credit Record youma entry for accrued payrol, including employee deduction for July 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 Premium Paid Premium Employees by 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 Record the cash payment of salaries July 31 Regan Reg 3 >