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 $127,200 paid to its em ployee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 3.1% and SUTA taxes are 2.9% of the first $7,000 paid to its employee. Gross Pay for September s 1,900 August 31 $ 6,586e 2,400 128,780 4,108 10,880 and its related payroll liabilities Assuming situation a, prepare the employer's September 30 journal entries to record salary expense $80 for this pay period The employee's federal income taxes withheld by the employer are Complete this question by entering your answers in the tabs below. |45|016 Next > Prey to search