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456 help asap Required informetion [The following information applies to the questions displayed below] BMX Company has one employee. FICA Social Security taxes are 6.2%

456 help asap
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Required informetion [The following information applies to the questions displayed below] BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 paid to its employee, and FiCA Medicare taxes are 1.45% of gross pay. For BMX, IS FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to its employec. Assuming situabion (0), prepare the employer's September 30 joutnal entry to record salary expense and its related payroll liabilities fo this employee. The employce's federal income taxes with held by the employer are $80 for this pay period. Complete this question by entering your answers in the tabs below. The employee's federal income taxes withheld by the employer are sto for this pay period. Assuming situation (o), compote the taxes to be withhela from gross pay for this employee. Note: lound your answers to 2 decimal places. Required informetion The following information apphes to the questions displayed below) BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 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 $7,000 paid to its employee. Assuming situation (at) prepare the employer's September 30 journal entry to record the employer's paroll taxes expense and its related labilities. Complete this question by entering your answers in the tabs below. Assuming situation (a), compute the payroll taxes expense. tiokes Round your answers to 2 dedimal places. [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 $7.000 paid to its employee. compute BMX's amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three eparate situations (a). (b), and (c). lote: Round your answers to 2 decimal places. Complete this question by entering your answers in the tabs below. Assuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. Note: Round your answers to 2 decimal places. Journal entry worksheet Prepare the employer's September 30 joumal entry to record accrued salary expense and its related payroll liabilities for this employes. Hote finter detrits before cresias. Complete this question by entering your answers in the tabs below. Prepare the employer's September 30 joumal entry to record the employer's payroll taxes expense and its related liabilities. Note: Round your answers to 2 decimal placis. Journal entry worksheet Record the employer's september 30 payroll taxes expense and its related llabilities. Notet Enter dehats belore credits

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