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O Required Information Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below) BMX Company has one

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O Required Information Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below) BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137700 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 pald to its employee. Gronn Pay through Gro Day for August 31 September $ 6,600 $ 500 2200 2300 8.200 131 600 Exercise 11-9 (Algo) Payroll-related journal entries LO P3 Assuming situation (e. prepare the employers 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. Payroll Taxes Expense General Journal Assuming situation (a), compute the payroll taxes expense. (Round your answers to 2 decimal places) Employer Payroll taxes September earnings Tax Rate Tax Amount subject to tax 0.00 General Journal >

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