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6 Required information The following information applies to the questions displayed below Pare 3 of 3 142 poines BMX Company has one employee. FICA Social
6 Required information The following information applies to the questions displayed below Pare 3 of 3 142 poines BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $127 200 paid to its em ployee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 3.1% and SUTA taxes re 2.9% of the first $7000 paid to its employee Gross Pay through August Gross Pay for 31 a. b. c. 5,600 2.000 119. 000 $1, 500 3, 200 9, 100 Print Assuming situation a, prepare the employer's September 30 Journal entries to record the employer's payroll Refenancestaxes expense and its related liabilities Complete this question by entering your answers in the tabs below. Employer General Payroll Taxes Journal Assuming situation a, calculate the employer's payroll taxes expense. (Round your answers to 2 decimal places.) Employer Payroll taxes September earnings subject to tax Tax Rate Tax Amount General Journal> Journal entry worksheet Record the employer's September 30 payroll taxes expense and its related liabilities Note: Enter debits before credits. Date General Journal Debit Credit Sep 30 Record entry Clear entry View general journal
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