BMX Company has one empioyee. FLCA Sociat Security taxes are 6.2% of the first $137700 pald to its employec. ond 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 $7000 paid to its employee. Exercise 9-8 (Algo) Payroll-related journal entries LO P2 Assuming sifuation (a), prepare the employer's September 30 joumai entry to record salury expense and lis related poyroll liabilthes for this employee. The employee's federal income taxes withheld by the employer are $90 for this pay period: Complete this question by entering your answers in the tabs below. BMX Company has one employee. FCA Social Secunty 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 57000 paid to its employee. Exercise 9-9 (Algo) Payroll-related journal entries LO P3 Assuming situation (a). prepare the employer's September 30 journat entry to record the employer's payroll tawes expense and its related llabilities: Complele this question by entering your answers in the tabs below