The following monthly data are taken from Ramirez Company at July $31$: Sales salaries, $$660,000$; Office salaries, $$132,000$; Federal income taxes withheld, $$198,000$; State income taxes withheld, $$44,000$; Social security taxes withheld, $$49,104$; Medicare taxes withheld, $$11,484$; Medical insurance premiums, $$16,000$; Life insurance premiums, $$13,000$; Union dues deducted, $$10,000$; and Salaries subject to unemployment taxes, $$68,000.$ 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 $0\mathrm{.}6\%$ :

& $2.$ 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.

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 FICA taxes are identical to those on employees and that SUTA taxes are $5\mathrm{.}4\%$ and FUTA taxes are $0\mathrm{.}6\%.$

Complete this question by entering your answers in the tabs below.

Req $1$ and $2$

Req $3$

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.

$\backslash$table$[[,\backslash$table$[[$Total$],[$Premium$]],\backslash$table$[[\%$ Paid by$],[$Employees$]],\backslash$table$[[$Premium Paid$],[$by Employees$]],\backslash$table$[[$Premium Paid$],[$by Employer$]]],[$Employee Medical Insurance Payable,$$16,000,40\%,6,400,9,600],[$Employee Life Insurance Payable,$$,13,000,40\%,5,200,7,800]]$

Date

General Journal

Debit

Credit

Record joumal entry for accrued payroll, including employee deductions, for July.

$\backslash$table$[[$July $31,$Sales salaries expense,$600,000,],[,$Office salaries expense,$132,000,],[,$Employee federal income taxes payable,,$198,000],[,$State unemployment taxes payable,,$44,000],[,$FICA$-$Social security taxes payable,,$49,104],[,$FICA$-$Medicare taxes payable,$2,11,484],[,$Employee medical insurance payable,,$],[,$Employee life insurance payable,,$],[,$Employee union dues payable,,$],[,$Cash,,$],[,,,]]$

Record the cash payment of salaries.