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The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $300,000; Office salaries, $60,000; Federal income taxos withheld, $90,000; State income

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The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $300,000; Office salaries, $60,000; Federal income taxos withheld, $90,000; State income taxes withheld, $20,000; Social security taxes wititheld, $22,320; Medicare taxes withheld, \$5,220; Medical insurance premiums, \$7,000; Life insurance premiums, $4,000; Union dues deducted, $1,000; and $, 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 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 5.4% and FUTA taxes are 0.6\%. \begin{tabular}{|l|l|l|l|} \hline \multicolumn{1}{|c|}{ Tax } & \begin{tabular}{c} Athounts Subject \\ to Tax \end{tabular} & Tax Rate & Tax Amount \\ \hline State Unemployment Taxes Payable & & & \\ \hline Federal Unemployment Taxes Payable & & & \\ \hline \end{tabular} Journal entry worksheet Record all employer's payroll expenses and liabilities for the month of July. Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits

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