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first photo is the data! all the others are just the tables i need filled out :) Required information [The following information applies to the

first photo is the data! all the others are just the tables i need filled out :) image text in transcribed
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Required information [The following information applies to the questions displayed below.) BMX Company has one employee, FICA Social Security taxes are 62% of the first $132,900 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 $ 6,700 2,3ee 126,900 Gross Pay for September $ 400 2,400 8,300 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.) al Tax September Earnings Subject to Tax Tax Rate Tax Amount 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.) a) Tax Tax Rate Tax Amount September Earnings Subject to Tax $ 400.00 400.00 6.20% $ 1.45% 24.80 5.80 FICA Social Security FICA-Medicare FUTA SUTA b) 0.60% 5.40% Tax Tax Rate Tax Amount September Earnings Subject to Tax $ 2.400.00 6.20% s 148.80 FICA-Social Security FICA-Medicare 2,400.00 1.45% 34.80 14.40 FUTA 2.400.00 2.400.00 0.60% 5.40% 129.60 SUTA c) 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. Taxes to be General Withheld From Gross Pay Journal The employee's federal income taxes withheld by the employer are $90 for this pay period. Compute the taxes to be withheld from gross pay for this employee. (Round your answers p 2 decimal places.) Taxes to be Withheld From Gross Pay (Employee-Paid Taxes) September Earnings Tax Rate Tax Amount Subject to Tax Fodoral income tax $ 90.00 Required information Journal Gross Pay The employee's federal income taxes withheld by the employer are $90 for this pay period. Prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet

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