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BMX Company has one employee. FICA Soclal Securlty taxes are 6 . 2 % of the first $ 1 3 7 , 7 0 0

BMX Company has one employee. FICA Soclal Securlty taxes are 6.2% of the first $137,700 pald 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 pald
to tts employee.
Exerclse 9.8(Algo) Payroll-related Journal entrles LO P2
Assuming situation (a), prepare the employer's September 30 Journal entry to record salary expense and Its related payroll Ilabilitles for
this employee. The employee's federal income taxes withheld by the employer are $90 for this pay perlod.
Complete this question by entering your answers in the tabs below.
Taxes to be
Withheld From
Gross Pay
General
Journal
Assuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for
this employee. The employee's federal income taxes withheld by the employer are $90 for this pay period.
Note: Round your answers to 2 decimal places.
Journal entry worksheet
Prepare the employer's September 30 journal entry to record accrued salary
expense and its related payroll liabilities for this employee.
Nate: Enter debits befare credits.
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