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need help answering The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $200,000: Ofce salaries, $160,000; Federal income taxes withheld.

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The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $200,000: Ofce salaries, $160,000; Federal income taxes withheld. $90,000: State income taxes withheld, $20000; Social security taxes withheld. $22320; Medicare taxes withheld, $5,220; Medical insurance premiums, $7,000; Life insurance premiums, $4,000; Union clues deducted, $1.000; ancl Salaries subject to unemployment taxes, $50,000. 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 thejournal 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 employerepaicl 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% Employee Medical Insurance Payable $ 1000 e was 2,800 $ 4 ,200 Employee Life Insurance Payable $ 4,000 o 409005 1,600 $ 2 ,400 Record journal entry for accrued payroll, including employee deductions. for July. Cash '1ng Sales salaries expense 0 200,000 0 Office salaries expense 9 160,000 a FICASocial sec. taxes payable 0 22,320 a FICAMedicare taxes payable 9 5,220 9 Employee fed. inc. taxes payable 0 90,000 0 Employee state inc. taxes payable 0 20,000 0 Employee medical insurance payable 9 2,000 0 Employee union dues payable a 1,600 0 Employee life insurance payable 9 1,000 6 Salaries payable 9 21?,000 0 Record the cash payment of salaries. ngly Earned services revenue 21?,060 0 217,050 9

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