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applies to the questions displayed below.] BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $118,500 paid to its

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applies to the questions displayed below.] BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $118,500 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 2.9% of the first $7,000 paid to its employee. a. b. C. Gross Pay through August $ 6,500 20,200 114,200 Gross Pay for September $ 1,900 4,100 10,000 Assuming situation a, prepare the employer's September 30 journal entries to record salary expense and its related payroll liabili for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. (Round your answ to 2 decimal places.) Taxes to be withheld From Gross Pay (Employee-Paid Taxes) Federal income tax September Earnings Subject to Tax Tax Rate Tax Amount $ 80.00

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