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Part 1062 Required information [The foliowing information applies to the questions displayed below) BMX Company has one employee. FICA Social Security taxes are 62% of

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Part 1062 Required information [The foliowing information applies to the questions displayed below) BMX Company has one employee. FICA Social Security taxes are 62% of the first 5128.400 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 $7000 paid to its employee Gross Pay through Oress Pay for ta Setber 16.00 5500 2,100 2,300 123,00 0.000 Assuming to prepare the employer September 30 journal entries to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer ve 580 for this pay period Complete this question by entering your answers in the tabs below. Part 1 of 2 625 bo Taxes to be General withheld From Gross Pay Journal The employee's federal income taxes withheld by the employer are so for this pay period. Compute the taxes to be withhold from gross pay for this employee. (Round your answers to 2 decimal places Taxes to be Withheld From Gross Pay (Employee Paid Tues) September Earnings Tax Ratu Tox Amount Subject to Tax Federal income tax 5 89.00 ICA Social Security THICA Medicare General Journal > M HA Prey 5 OF BIH Next > Part 1 of 2 Journal entry worksheet 625 Prepare the employer's September 30 journal entry to record accrued salary expense and its related payroll liabilities for this employee Hie Notente debitore credits General Journal Debit Credi M

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