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B Required information (The following information applies to the questions displayed below.) BMX Company has one employee. FICA Social Security taxes are 6.2% of the

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B Required information (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 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 - of 2 Gross Pay through August 31 $ 6,400 2,950 124,000 Gross Pay for September $1,700 3,050 9,900 c. Assuming situation (), prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and its related liabilities. Answer is not complete. 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.) Tax Amount Employer Payroll taxes FICA-Social Security FICA-Medicare FUTA SUTA September earnings Tax Rate subject to tax 1.700.00 6.20% 1.700.00 1.45% 300.00 0.60% 300.00 5.40% Total Payroll Taxes Expense 105.40 24.65 1.80 16.20 148.06 $ General Journal > Check my 3 Required information [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 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. Part 2 of 2 2 points Gross Pay through August 31 $ 6,400 2,950 124,000 Gross Pay for September $1,700 3,050 9,900 Assuming situation (prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and related liabilities Answer is not complete. Complete this question by entering your answers in the tabs below. Payroll Taxes Expense General Journal Prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and its related liabilities. (Round your answers to 2 decimal places.) No 1 Date Sep 30 Debit Credit General Journal Payroll taxes expense FICA--Social security taxes payable FICA-Medicare taxes payable Federal unemployment taxes payable State unemployment taxes payable OOOOO 105.40 24.65 1.80 16 20

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