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of 3 Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below) BMX Company has one

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of 3 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 Gross Pay through Gross Pay for August 31 September $ 5,700 $1,800 2,600 2,700 123,300 9,200 a. b. c. Exercise 9-7 Payroll-related journal entries LO P3 Assuming situation (o), prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and its ces related liabilities Complete this question by entering your answers in the tabs below. Payroll Taxes General Expense Journal Compute the payroll taxes expense. (Round your answers to 2 decimal places.) Employer Payroll taxes September earnings Tax Rato subject to tax Tax Amount $ 0.00 Parul Tabana General Journal > 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 145% of gross pay, For BMX, its FUTA taxes are 06% and SUTA taxes are 5,4% of the first $7,000 paid to its employee. Gross Pay through Gross Pay for August 31 September a. $ 5,700 $1,800 b. 2,600 2,700 c. 123,300 9,200 Exercise 9.7 Payroll-related journal entries LO P3 Assuming situation (e), 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 General Taxes Journal Prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and its related liabilities. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet 1 > Record the employer's September 30 payroll taxes expense and its related liabilities. Note: Enter debits before credits. Date General Journal Debit Credit Sep 30 Record entry View general Journal Clear entry

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