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BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $127,200 paid to its employee, and FICA Medicare taxes are 1.45%

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BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $127,200 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay, For BMX, Its FUTA taxes are 3.1% and SUTA taxes are 2.9% of the first $7,000 pald to its employee Gross Pay Gross Pay for through August September $ 6,200 $1,600 2,300 3,800 119.600 9.700 31 b C. Assuming situation a prepare the employer's September 30 journal entries 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. Complete this question by entering your answers in the tabs below. Employee Paid Taxes General Journal Assuming situation a, calculate the employee-paid taxes. The employee's federal Income taxes withheld by the employer are $80 for this pay period. (Round your answers to 2 decimal places.) Tuxes to be Withheld From Grous Pay (Employee-Puld Taxos) Soptomber Earnings Tax Rate Tax Amount Subject to Tax Federal income tax 80.00 S Assuming situation a, prepare the employer's September 30 journal entries 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. Complete this question by entering your answers in the tabs below. Employee Pald Taxes General Journal Assuming situation a, prepare the employer's September 30 journal entries to record salary expense and its related payroll liabilities for this employee. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet Prepare the employer's September 30 journal entry to record the accrued salary expense and its related payroll liabilities for this employee. Note: Enter debits before credits Dato General Journal Dobit Credit Sop 30 Record entry Clear entry View general Journal

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