BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $128,400 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.

	Gross Pay through August 31					Gross Pay for September
a.		$	6,800				$	700
b.			2,200					2,300
c.			122,500					8,400

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 taxes	September earnings subject to tax	Tax Rate	Tax Amount

Assuming situation (a), prepare the employers September 30 journal entries to record the employers payroll taxes expense and its related liabilities.

Prepare the employers September 30 journal entries to record the employers payroll taxes expense and its related liabilities. (Round your answers to 2 decimal places.)

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