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please prepare the general journal BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 paid to its employee, and

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BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 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 5.48 of the first $7,000 paid to its employee. Suming siruvition wa), propare the employer's September 30 joumal entry to record the employer's payrolksaxes expense a tetated lisbilibes: (3) Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare the employer's September 30 journal entry to record the employer's payroll taxes expense and its related liabilities. (Round your acswers to 2 decimal places.) Required information [The following information applles to the questions displayed below] EMX 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 empioyee. Assuming situation (d), prepare the employer's September 30 journal entry to rocord the employer's payroll tauns expense and its retited liobilities. Complete this question by entering your answers in the tabs below. anmwers to 2 cecmal place

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