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The following monthly data are taken from Ramirez Company at July 31 : Sales salaries, $520,000; Office salaries, $104,000; Federai income taxes withheld, $156,000; State

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The following monthly data are taken from Ramirez Company at July 31 : Sales salaries, $520,000; Office salaries, $104,000; Federai income taxes withheld, $156,000; State income taxes withheld, $35,000; Social security taxes withheld, $38,688; Medicare taxes withheld, $9,048; Medical insurance premiums, \$12,500; Lfe insurance premiums. $9,500; Union dues deducted, $6,500; and $ alaries subject to unemployment tawes, $61,000. 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\% 1.8 2. Using the above information, complete the below table and prepare the journal entries to record accrued payroll, including employee deductions, and cash payment of the net payroll (salaries payable) for July 3. Using the above information, complete the below table. 4. Record the accrued employet payroll tares and other tolated employment expenses and the cash payment of all fiabilites related to the July poyroll-assume that FICA taxes are identical to those on employees and thot SUTA taxes are 5.4\% and FUTA taxes are 06\% Complete this question by entering your answers in the tabs below. Using the above information, complete une below table and prepare the joumal entres to record accrued payroll, including employee deductions, and cosh payment of the net payrol (salaries psyable) far July Using the above information, complete the below table. Record the accrued employer payroll taxes and other related employment expenses and the cash payment of all liabilities related to the July payroll-assume that Federal Insurance Contributions Act (FICA) taxes are identical to those on employees and that State Unemployment Taxes (SUTA) are 5.4\% and Federal Unemployment Taxes (FUTA) are 0.t\%. 1. Record all employer's payroll expenses and liabities for the month of July. 2 Record the employer's benefit expense. 3 Record the cash payment of all liabilities related to the July payroll

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