i need help with the follpwing three questions:
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thank you
Required information Use the following information for the Exercises below. [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 GEONS Pay through August 31 $ 6, 600 2.100 122,300 Groot pay for September $500 2,200 8.200 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 (a (Round your answers to 2 decimal places.) a) FICA Social Secunty FICA-Medicare FUTA SUTA b) September Earnings Subject to Tax 5 500.00 500.00 400.00 400.00 Tax Rate Tax Amount 6.20% $ 31.00 1.45% 725 0.60% 240 5.40% 21.60 Tax Tax Rate Tax Amount September Earnings Subject to Tax 2,200.00 2,200.00 6.20% 5 136.40 FICA Social Security FICA Medicare PUTA SUTA 31.90 13 20 2.200.00 2,200.00 0.50% 5.40% 118.80 Tax September Eamings Subject to Tax Tax Rate Tax Amount 1,45% 118.90 FICA Social Security FICA-Medicare FUTA SUTA 3,200.00 0 0 Complete this question by entering your answers in the tabs below. Taxes to be Withheld From General Gross Pay Journal The employee's federal income taxes withheld by the employer are $30 for this pay period. Compute the taxes to be withheld from gross pay for this employee. (Round your answers to 2 decimal places.) Taxes to be Withheld From Gross Pay (Employee-Paid Taxen) September Earnings Tax Rate Tax Amount Subject to Tax Federal income tax s 80.00 FICA Social Security FICA Medicare Complete this question by entering your answers in the tabs below. Taxes to be Withheld From General Gross Pay Journal The employee's federal income taxes withheld by the employer are $90 for this pay period. Prepare the employer's September 30 journal entries to record salary expense and its related payroll abilities for this employee. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet 1 Prepare the employer's September 30 journal entry to record accrued salary expense and its related payroll liabilities for this employee. Notes Enter debits before credits General Journal Date Sep 30 Debit Credit Record entry Clear entry View general journal Use the following information for the Exercises below. 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 06% and SUTA taxes are 5.4% of the first 57000 paid to its employee Groe Pay through Gross Day for at 31 September 6,600 $500 2.100 2.200 122.300 3,200 Exercise 11-7 Payroll-related journal entries LO P3 Assuming situation (a), prepare the employer's September 30 joumal 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) Employee Payroll taxes September warnings subject to tax Tak Amount General Journal > Payroll Taxes Expense General Journal Prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and its related abilities. (Round your answers to 2 decimal places) View transaction lit Journal entry worksheet Record the employer's September 30 payroll taxes expense and its related abilities N Enter debits before tradita General Journal Debit Date Sep 30 nes Record entry Clear entry View general journal
