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BMX Company has one employee, FICA Social Security taxes are 6.2% of the first $132,900 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 $132,900 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. a. Gross Pay through August 31 $ 6,400 2.700 128,500 Grons Pay for September $1,700 2,800 9.900 Exercise 9-9 (Algo) Payroll-related journal entries LO P3 Assuming situation (o), prepare the employer's September 30 journal entry to record the employer's payroll taxes expense and its related liabilities. 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.) Employer Payroll taxas Beptember oamings subject to tax Tax Rate Te Amount & Prov 7 of 12 ! Next > uming situation (a), prepare the employer's September 30 Journal ently ated liabilities. 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 Rate Tax Amount September earnings subject to tax Employer Payroll taxes Payroll Taxes Expenso General Journa Netflix Disney+ Quizlet MindTap - Cengag... Saved Required information

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