Check 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 $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 Gross Pay for August 31 September $ 6,500 $ 900 2,050 122,200 8,100 2,150 b. 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 $90 for this pay period. Required information Taxes to be Withheld From General Journal Gross Pay The employee's federal income taxes withheld by the employer are $90 for this pay period. Prepare the employer's Sep entries to record salary expense and its related payroll liabilities for this employee. (Round your answers to 2 decimal View transaction list Journal entry worksheet + ducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fpgcconline ework Saved Required information Taxes to be General Withheld om Journal Gross Pay The employee's federal income taxes withheld by the employer are $90 for this pay period. Compute the ta from gross pay for this employee. (Round your answers to 2 decimal places.) Taxes to be Withheld From Gross Pay (Employee Paid Taxes) September Earnings Tax Rate Tax Amount Subject to Tax Federal income tax S 90.00 General Journal > Check 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 $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 Gross Pay for August 31 September $ 6,500 $ 900 2,050 122,200 8,100 2,150 b. 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 $90 for this pay period. Required information Taxes to be Withheld From General Journal Gross Pay The employee's federal income taxes withheld by the employer are $90 for this pay period. Prepare the employer's Sep entries to record salary expense and its related payroll liabilities for this employee. (Round your answers to 2 decimal View transaction list Journal entry worksheet + ducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fpgcconline ework Saved Required information Taxes to be General Withheld om Journal Gross Pay The employee's federal income taxes withheld by the employer are $90 for this pay period. Compute the ta from gross pay for this employee. (Round your answers to 2 decimal places.) Taxes to be Withheld From Gross Pay (Employee Paid Taxes) September Earnings Tax Rate Tax Amount Subject to Tax Federal income tax S 90.00 General Journal >
