bmx company has one

Required information (The following information applies to the questions displayed below.] BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $118,500 paid to its employee, and FICA Medicare taxes are 145% of gross pay. For BMX, its FUTA taxes are 0.6% and SUTA taxes are 2.9% of the first $7,000 paid to its employee Gross Pay through August $ 5,700 19,400 113, 400 Gross Pay for September $1,800 3.300 9,200 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 $70 for this pay period. (Round your answers to 2 decimal places.) Taxes to be Withheld From Gross Pay (Employee-Paid Taxes) September Earnings Subject Tax Rate Tax Submitted 120.15/160 Total points award through August $ 5,700 19,400 113,400 September $1,800 3,300 9,200 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 $70 for this pay period. (Round your answers to 2 decimal places.) to its employee Gross Pay through August $ 5,700 19,400 113,400 Gross Pay for September $1,800 3,300 9, 200 C. 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.) arded d September earnings subject to tax Tax Rate Tax Amount Employer Payroll taxes FICA-Medicare FICA-Social Security FUTA 161209 X 37.70% 10.20% 49.30% 5 0 .00 budaltonisa n ts de Required information No Date General Journal Debit Credit Sep 30 ded