Required Information [The following information applies to the questions displayed below.] BMX Company has one employee. FICA Soclal Securlty taxes are 6.2% of the first $137,700 pald 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. Assuming situation (a), prepare the employer's September 30 joumal entry to record salary expense and Its related payroll IIabilitles fi this employee. The employee's federal Income taxes witheld by the employer are $70 for this pay perlod. Complete this question by entering your answers in the tabs below. The employee's federal income taxes withheld by the employer are $70 for this pay period. Assuming situation (a), compute the taxes to be withheld from gross pay for this employee. Note: Round your answers to 2 decimal places. Required Information [The following infommetion applies to the questions alsplayed below.] BMX Compony hes one employee. FICA Social Security taves are 6.2% of the first $137700 poid to its employee, and FiCA Medicse taxes sre 1.45% of gross poy. For BMX, $ FUTA toxes are 0.6% and SUTA toxes sre 5.4% of the first $7,000 poid to te employee. Aasuming situation(a), prepore the employer's September 30 journal entry to record salsry expense snd its reisted poyroll liablites for his employee. The emplayee's federsl income toxes withhed by the employer sre $70 for this poy perlod. Complete this question by entering your answers in the tabs below. Asauming situstion (a), prepare the emplayer's September 30 joumal entry to record salary expenee and Its related poyroll liabilities for this emplayee. The employee's federal income taves withheid by the emplayer are $70 for this pay period. Note: Found your answers to 2 decimal plsoes. Journal entry worksheet Prepare the employer's September 30 journal entry to record accrued solary expense and its related payroll liabilities for thits employee. Nete: Entir dobiss before critits