The following monthly data are taken from Ramirez Company at July 31 Sales salaries, $660,000, Office salarles, $132,000; Federal Income taxes withheld. $198,000; State Income taxes withheld, $44,000; Soclal securty taxes withheld. $49,104; Medicare taxes withheld, $1,484; Medical Insurance premlums, $16,000; Life Insurance premlums, $13,000; Unlon dues deducted, $10,000; and Salarles subject to unemployment taxes, $68,000. The employee pays 40% of medical and life Insurance premlums. Assume that FICA taxes are identical to those on employees and that SUTA taxes are 5.4% and FUTA taxes are 0.6%. 182 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. 3. Using the above Information, complete the below table. 4. Record the accrued employer payroll taxes and all other employer-pald expenses and the cash payment of all llabilities for July- ascume that FICA taxes are identical to those on employees and that SUTA taxes are 5.4% and FUTA taxes are 0.6%. Ung the paymant of the net payroll for July. Employee Medical Insuranoe Payable Employee Life Insurance Payable Gennral Journal Debik Credit Dele Record journal entry for aocrued payroll, including employee deductions, for July. July 31 Record the cash payment of salaries July 31 Amounts Subject to Tax Tax Tax Rate Tax Amount State Unemployment Taxes Payable Federal Unemployment Taxes Payable Journal entry worksheet 2. Record all employer's payroll expenses and liabilities for the month of July. Note: Enter debits before credits. General Journal Credit Date Debit July 31