The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $580,000; Office salaries, $116,000; Federal income taxes withheld, $174,000; State income taxes withheld, $39,000; Social security taxes withheld, $43,152; Medicare taxes withheld, $10,092; Medical insurance premiums, $14,000; Life insurance premiums, $11,000; Union dues deducted, $8,000; and Salaries subject to unemployment taxes, $64,000. The employee pays forty percent of medical and life insurance premiums.

1&2.

Using the above information, complete the below table.

	Total Premium	% Paid by Employees	Premium Paid by Employees	Premium Paid by Employer
Employee Medical Insurance Payable
Employee Life Insurance Payable

	Prepare the journal entries to record accrued payroll and cash payment of the net payroll 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%.

3&4.

Using the above information, complete the below table.

Tax	Amounts Subject to Tax	Tax Rate	Tax Amount
State Unemployment Taxes Payable
Federal Unemployment Taxes Payable

	Record the accrued employer payroll taxes and 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%