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BMX Company has one employee FICA Social Security taxes are 62% of the first $117,000 paid to its employee, and FICA Medicare taxes are 1

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BMX Company has one employee FICA Social Security taxes are 62% of the first $117,000 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 S7.000 paid to its employee. for $ 800 a. $ 6,400 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.) Employer Payroll taxes Tax Rate Tax Amount t to tax 0.00 View transaction list 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

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