Ch 09 Ex 9-7, 8, 9 1 Seved Part 1 of 3 8.5 points eBook Required information Use the following information for the Exercises below. (Algo) [The following information appiles to the questions displayed below] BMX Company has one employee. FICA Social Security taxes are 62% of the first $137,700 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 5.4% of the first $7,000 paid to its employee. b. Gross Pay through August 31 $5,600 3,100 132,500 Gross Pay for September $1,500 3,200 9,100 Hint Ask Exercise 9-7 (Algo) Computing payroll taxes LO P2, P3 Compute BMX's amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three separate situations (a). (b), and (c). (Round your answers to 2 decimal places.) Print a) September Earnings Tax Rate Jax Amount Exercise 9-7 (Algo) Computing payroll taxes LO P2, P3 Aak Rece Compute BMX's amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three separate situations (in, (b), and (d (Round your answers to 2 decimal places.) Tex FICA-Social Security FICA-Medicare September Earnings Subject to Tax 1,700 00 FUTA SUTA Tex FICA-Social Security FICA-Medica FUTA SUTA E Tas FICA-Social Security FICA-Medicare FUTA SUTA Tax Rate Tax Amount 6.20% $ 105 40 1.45% 0.00% 2.90% September Earnings Subject to Tax To Hate Tax Amount September Earnings Subject to Tax Tax Rate Tax Amount H Al Prin 10 Book References 132,500 9,100 Exercise 9-8 (Algo) Payroll-related journal entries LO P2 Assuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll habilities for this employee. The employee's federal income taxes withheld by the employer are $90 for this pay period Complete this question by entering your answers in the tabs below. withheld From Grins Pay General Journal The employee's federal income taxes withheld by the employer are 500 for this pay period. Assuming situation (a), compute the taxes to be withheld from gross pay for this employee. (Round your answers to 2 decimal places.) Tases to be withheld From Gross Pay (Employes Paid Taxes) Faderal income tax September Earnings Subject to Tas Tax Rate $ 90,00 General Journal > As Prim Gross Pay Assuring situation (*), prepare the employer's September 30 journal entry to record salary expense and its related payroll abilities for this employee. The employee's federal income taxes withheld by the employer are $90 for this pay period. (Round your answers to 2 decimal places.) View transaction int References Journal entry worksheet < Prepare the employer's September 30 journal entry to record accrued salary expense and its related payroll liabilities for this employee Nite Enter debts before redas Clate September 30 General Journal Debit Credit Clear entry Record entry View general journal Him Exercise 9-9 (Algo) Payroll-related journal entries LO P3 AL Prim Assuming situation ( 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. Payrol General Journal Assuming situation (a), compute the payroll taxes expense. (Round your answers to 2 decimal places Employer Payroll taxes September warnings subject to tax Tax Rate Tax Amount 0.00 General Journal > St FOR Angation (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.. Payro Expense General Journal Prepare the employer's September 30 journal entry to record the employer's payroll taxes expense and its related liabilities. (Round your wawers to 2 decimal places.) Journal entry worksheet worts Record the employer's September 30 payroll taxes expanse and its related September 30 General Journal Debit Credit Record entry Carry View general journal