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Required information The following information applies to the questions displayed below) BMX Company has one employee. FICA Social Security taxes are 6.2% of the first

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Required information The following information applies to the questions displayed below) BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $132.900 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 06% and SUTA taxes are 5.4% of the first $7,000 paid to its employee Gross Pay through August 31 5,500 3,000 127.600 Gross Pay for September $2,300 3,100 9,000 Assuming situation (al, prepare the employer's September 30 journal entry to record the employer's payroll taxes expense and its related liabilities Complete this question by entering your answers in the tabs below. Payroll Taxes Expense General Journal Compute the payroll taxes expense. (Round your answers to 2 decimal places.) September earnings Employer Payroll taxes Tax Rate Tax Amount $ 0.00 Required information Journal entry worksheet

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