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10 Part 2 of 2 Required Information (The following information applies to the questions displayed below) BMX Company has one employee. FICA Social Security taxes
10 Part 2 of 2 Required Information (The following information applies to the questions displayed below) BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137700 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay For BMX, Its FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7000 pa to its employee 19 Gress Pay through August 31 Gross Pay for September Assuming situation (at. prepare the employer's September 30 journal entry to record salary expense and its related payrol satilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period Complete this question by entering your answers in the tabs below. Withheld from Orsay General Journal The employee's federal income taxes withheld by the employer are se0 for this pay period. Assuming situation (a), compute the taxes to be withheld fram gross pay for this employes. (Round your newer Tax Wild From Gross Play (Employee Paid Taxes) decimal places) September Earings Subject to Ta Tax Tax Amoun $3.00 Geo Part 2 of 2 19 points FICA US and SUTA taxes are 5.4% of the first $7,000 paid . Gris Pay through Gross Pay for August 31 16,4 2,000 131,400 September $300 3,300 wock P Fences Assuming situation (at prepare the employer's September 30 journal entry to record salary expense and its related payrolles for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay penod Complete this question by entering your answers in the tabs below Taxes to be wehheld from Gross Pay General Journal Assuming situation (a). prepare the empleyer's September 30 journal entry ta recard salary expense and its related payroll bites fr this employee. The employee's federal income tavas withheld by the employer are $80 for this pay period. (Round your answers decmal places Journal entry worksheet Frepare the employer's September 30 journal entry to record accriest salary expense and related payroll liabilities for this emplice Debi CH
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