Required information Journal entry worksheet

$1$

Record the employer's September $30$ payroll taxes expense and its related

liabilities.

Note: Enter debits before credits.

$[$The following information applies to the questions displayed below.$]$

BMX Company has one employee. FICA Social Security taxes are $6\mathrm{.}2\%$ of the first $$118,500$ paid to its employee, and FICA

Medicare taxes are $1\mathrm{.}45\%$ of gross pay. For BMX$,$ its FUTA taxes are $0\mathrm{.}6\%$ and SUTA taxes are $2\mathrm{.}9\%$ of the first $$7,000$ paid

to its employee.

Assuming situation a$,$ 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.$)$