Help S (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 August 31 $ 5,400 2,450 123,000 Gross Pay for September $2,400 2,550 8,900 b. Assuming situation (a), prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and its related liabilities. Complete this question by entering your answers in the tabs below. Payroll Taxes Expense General Journal Compute the payroll taxes expense. (Round your answers to 2 decimal places.) Employer Payroll taxes FICA Social Security FICA-Medicare FUTA SUTA September earnings Tax Rate subject to tax Tax Amount 2.400.00 6.20% $ 148 80 2,400.00 1.45% 34.80 900.00 0.60% 5.40 900.00 5.40% 48.60 Total Payroll Taxes Expenses 237.60 General Journal > g Next >