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The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $200,000; Office salarles, $160,000; Federal income taxes withheld, $90,000, State income

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The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $200,000; Office salarles, $160,000; 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 duos deducted, $1,000; and Solaries 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 tbble and prepare the journal entries to record accrued payroll and cash payment of the net payroll for July, 3. Using the above information, complete the below table, Req 1 and 2 Reg Reg 3B and 4 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 % Puld by Premium Paid Premium Pald 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 Employee life insurance payable Record the cash payment of salarios July 31

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