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3 Seved U TUHUVITY ILLIUI TUI LE CAILISED UUW. The following information applies to the questions displayed below.) BMX Company has one employee, FICA Social

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3 Seved U TUHUVITY ILLIUI TUI LE CAILISED UUW. The following information applies to the questions displayed below.) BMX Company has one employee, FICA Social Security taxes are 6.2% of the first $128.400 paid to its employee, and FICA Medicare taxes are 145% of gross pay For BMX, its FUTA taxes ore 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to its employee Gross Pay through Gross Pay for August 11 September a. $ 5,100 52,200 b. 2,300 2,400 c. 122,700 8.000 xercise 11-7 Payroll-related journal entries LO P3 ssuming situation (a), prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and its lated liabilities Complete this question by entering your answers in the tabs below. Payroll Taxes Expense General Journal Compute the payroll taxes expense. (Round your answers to 2 decimal places) Employer Payroll taxes September earnings subject to tax Tax Rate Tax Amount ch OBI E ** 0 93 . ICY $ 96 & mework The following formation applies to the questions displayed below! BMX Company has one employee. FICA Social Security taxes are 62% of the first 5128.400 paid to tes employce, and FICA Medicare taxes are 145 of gross pay, For BMX, its FUTA taxes are 0.6% and SUTA taxes are 54% of the first 57.000 paid to its employee Grossmay throw Gross Pay for st33 September 55,100 $3,200 2.1 2,400 122,70 . 8,60 Exercise 11-7 Payroll-related journal entries LO P3 Assuming situation (prepare the employers September 30 journal entries to record the employer's payroll es expense and its related liabilities Complete this question by entering your answers in the tabs below. Payroll taxes Gene Prepare the employer's September 30 journal entries to record the employer's payroll taxex expense and its related liabilities. (Round your answers to 2 decimal places View transactional Journal entry worksheet > toch O i E 13 3 . 10 A 3 96 5 6 & 7 8 0) E R T Y U P

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