The following monthly data are taken from Ramirez Company at July $31$: Sales salaries, $$700,000$; Office salaries, $$140,000$; Federal income taxes withheld, $$210,000$; State income taxes withheld, $$47,000$; Social security taxes withheld, $$52,080$; Medicare taxes withheld, $$12,180$; Medical insurance premiums, $$17,000$; Life insurance premiums, $$14,000$; Union dues deducted, $$11,000$; and Salaries subject to unemployment taxes, $$70,000.$ 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 $5\mathrm{.}4\%$ and FUTA taxes are $0\mathrm{.}6\%.$

$1.$ & $2.$ 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 employer payroll taxes and other related employment expenses and the cash payment of all liabilities related to the July payroll$-$assume that FICA taxes are identical to those on employees and that SUTA taxes are $5\mathrm{.}4\%$ and FUTA taxes are $0\mathrm{.}6\%.$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 $5\mathrm{.}4\%$ and Federal Unemployment Taxes $($FUTA$)$ are $0\mathrm{.}6\%.$

Journal entry worksheet

Record all employer's payroll expenses and liabilities for the month of July.

Note: Enter debits before credits.