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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 $128,400 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 employee. Gross Pay through August 31 $ 6,100 2.800 123, 700 Gross Pay for September $1,400 2,900 9,600 Assuming situation (), prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and its related liabilities. Payroll Taxes General "Expense Journal Payroll Taxes Expense Compute the payroll taxes expense. (Round your answers to 2 decimal places.) Employer Payroll XII September earnings subject to tax Tax Rate Tax Amount TI TT ces $ 0.00 General Journal > Journal entry worksheet Record the employer's September 30 payroll taxes expense and its related liabilities. Note: Enter debits before credits. General Journal Debit Credit Date Sep 30 Record entry Clear entry View general journal

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