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What am I missing for journal entries 2 and 3? The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $600,000;

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedWhat am I missing for journal entries 2 and 3?

The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $600,000; Office salaries, $120,000; Federal income taxes withheld, $180,000; State income taxes withheld, $40,000; Social security taxes withheld, $44,640; Medicare taxes withheld, $10,440; Medical insurance premiums, $14,500; Life insurance premiums, $11,500; Union dues deducted, $8,500; and Salaries subject to unemployment taxes, $65,000. 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 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 5.4% and FUTA taxes are 0.6% Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Req 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 5.4% and FUTA taxes are 0.6% View transaction list Journal entry worksheet 2 Record all employer's payroll expenses and liabilities for the month of July Note: Enter debits before credits Date Debit General Journal Credit 69,380 July 31 Payroll taxes expense 44,640 FICA Social sec. taxes payable FICA-Medicare taxes payable 10,440 Employee medical insurance payable 5,800 4,600 Employee life insurance payable State unemployment tax es payable 3,510 Federal unemployment taxes payable 390 Complete this question by entering your answers in the tabs below. Req 1 and 2Req 3 Req 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 5.4% and FUTA taxes are 0.6% View transaction list Journal entry worksheet 2 Record the employer's benefit expense Note: Enter debits before credits. Date Credit General Journal Debit July 31 Record entry Clear entry View general journal 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 5.4% and FUTA taxes are 0.6% View transaction list Journal entry worksheet 2 Record the cash payment of all liabilities related to the July payroll. Note: Enter debits before credits. Date General Journal Credit Debit July 31

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