Payroll-related journal entries

Have 13 Required Information Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below.) Part 3 of 3 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 Gross Pay throush August 31 $ 5,50 Gross Pay For September $ 2,300 3,108 || Odia Exercise 11-9 (Algo) Payroll-related journal entries LO P3 Assuming situation (a), prepare the employer's September 80 journal entry to record the employers payroll taxes expense and its related abilities. Complete this question by entering your answers in the tabs belovu. Oyee 13 Gross Pay through August 31 $5 588 3 900 132,499 Gross Pay for September $ 2,309 3, 189 rt 3 0413 Exercise 11-9 (Algo) Payroll-related journal entries LO P3 Assuming situation (a), prepare the employer's September 30 journal entry to record the employer's payroll taxes expense and its related labilitles. 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 you answers to z decimal places Employer Payroll taxes September earnings subject to tax Tax Rate TO Amount Genegro Payroll Taxes Expense General Journal Prepare the employer's September 30 journal entry to record the employer's payroll taxes expense and its related liabilities. (Round y answers to 2 decimal places.) View transaction list Journal entry worksheet 1 Record the employer's September 30 payroll taxes expense and its related Tiabilities. Note: Enter cebits before credits Date General Journal Debit credit September 3 Required Information of 3 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 paid to its employee Gross Pay for September 3, Gross Pay through August 31 $ 5,589 3,88 132,480 3 lee Exercise 11-9 (Algo) Payroll-related journal entries Lo P3 Assuming situation (a) prepare the employer's September Bo Journal entry to record the employers payrol 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 e pense. (Round your answers to place September earnings Te Rate Tax Amour Exercise 11-9 (Algo) Payroll-related journal entries LO P3 Assuming situation (a), prepare the employer's September 30 journal entry to record the employer's payroll taxes expense and its related liabilitles. 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.) September earnings subject to tax Tax Rate Tax Amount Employer Payroll taxes 0.00 . Journal entry worksheet > Record the employer's September 30 payroll taxes expense and its related lia bilities. Note: Enter debits before credits. Date General Journal Debit Credit September Record erary Clear en ny Mimaneca ouma