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Assuming situation (a), prepare the Employer's September 30 journal entry to record salary expense and its related payroll liabilties for this employee. The employee's federal
Assuming situation (a), prepare the Employer's September 30 journal entry to record salary expense and its related payroll liabilties for
Required information [The fovowing informacion applies to the questions displayed below] BMX Company has one employee FICA Social Security tames are 62 t of the first 5137700 paid to its employee, and EICA Medicare taxes are 1454s of gross pay. For BMX, its FUTA tawos are 0.6\% and SUTA taxes are 5,4\% of the first $7,000 paid to its employee. Assuming situaton (di, prepare the employers September 30 jourral entry to record satary expense and its redated payroil liablities for this employee. The employee's tederal income taves withheid by the employer are $80 for this pay penod Assuming situaton (a), prepare the employer's September 30 joumal entry to record salary expense and its related payroll iiabaities f this employee The employee's federal income toxes withheld by the empioyer are $80 for this poy period Answer is not comslete. Complete this question by entering your answers in the tabs below. The employee's federal income taxes withheld by the employer are suo for this pay period. Assuming situation (a), compute the taxes to be withheld from gross pay for this emplovee. (Round your answers to 2 deomal places. Complete this question by entering your answers in the tabs below. The employee's federal incomie taxes withheld by the employer are $80 for this pay period. Assuming situation (a), compute the taxes to be withheld from gross pay for this employee. (Round your answers to 2 decmal places.) 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. (Round your answers to 2 decimal places.) this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period.
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