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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 145%

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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 145% 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. Cross Pay through August 31 $ 6,200 2,300 119,600 Groun Pay for September $1,600 3,800 9,700 b. 0. Assuming situation a, prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and its related liabilities Complete this question by entering your answers in the tabs below. Employer Payroll Taxes General Journal Assuming situation a, calculate the employer's payroll taxes expense. (Round your answers to 2 decimal places.) Employer Payroll taxes September earnings Tax Amount subject to tax Tax Rate 0.00 Employee Payroll Tans General Journal > Assuming situation a, prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and its related liabilities. Complete this question by entering your answers in the tabs below. Employer General Payroll Taxes Journal Assuming situation a, 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.) View transaction list Journal entry worksheet

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