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The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $300,000; Office salaries, $60,000; Federal income taxes withheld, $90,000; State income

The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $300,000; Office salaries, $60,000; Federal income taxes withheld, $90,000; State income taxes withheld, $20,000; Social security taxes withheld, $22,320; Medicare taxes withheld, $5,220; Medical insurance premiums, $7,000; Life insurance premiums, $4,000; Union dues deducted, $1,000; and Salaries subject to unemployment taxes, $50,000. The employee pays forty percent of medical and life insurance premiums. 1.1 Using the above information, complete the below table. 1.2 Prepare journal entries to record accrued payroll, including employee deductions, for July. 2. Prepare journal entries to record cash payment of the net payroll (salaries payable) for July. Assume that FICA taxes are identical to those on employees and that SUTA taxes are 5.4% and FUTA taxes are 0.8%. 3.1 Using the above information, complete the below table. 3.2 Record the accrued employer payroll taxes and other employer-paid expenses for July-assume that FICA taxes are identical to those on employees and that SUTA taxes are 5.4% and FUTA taxes are 0.8%. 4. Prepare journal entries to record cash payment of all liabilities related to the July payroll.

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