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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

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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, $47000: Social security taxes withheld, $52,080; Medicare taxes withheld, $12,180; Medical insurance premlums, $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 54% and FUTA taxes are 06%. 1. & 2. 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-paid expenses and the cash payment of all liabilities for July assume that FICA taxes are identical to those on employees and that SUTA taxes are 54% and FUTA taxes are 06% Complete this question by entering your answers in the tabs below Req 1 and 2 Req 3 Req 4 Using the above information, complete the b payment of the net payroll for July. I entries to record accrued payroll and cash Employee Medical Insurance Payable Employee Life Insurance Payable Debit Credit Record journal entry for accrued payroll, including employee deductions, for July 31 Next > Req 1 and 2 Req3 Req 4 information, complete the below table and Prepare the journal entries to record accrued payroll and cash Using the above payment of the net payroll for July. Employee Medical Insurance Payable Employee Life Insurance Payable Debit Credit Journal ate Record journal entry for accrued payrol, including employee deductions, for Jul July 31 Record the cash payment of salaries July 31 Req 3>

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