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 $137,700 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. ssuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities fo is employee. The employee's federal incomp taxes withheld by the employer are $90 for this pay period. Complete this question by ehtering your answers in the tabs below. The employee's federal income taxes withheld by the employer are $90 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 information applies to the questions displayed beliow] BMX Company has one empioyee. FICA Social Security taxes are 6.2% of the first $137700 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 poid to its employee. Assuming situation (a). prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes with Complete this question by entering your answers in the tabs below. Assuming situation ( 0 ), prepare the employer's September 30 journal enthy to record salary expense and its related payroll iabilities for this employee. The employee's federal income taxes withiheld by the employer are $50 for this pay peried. Note: Round your answers to 2 decimal places. Journal entry worksheet Prepare the employer's September 30 journal entry to record accoved salary expense and its related payroll liabilities for this employee. Noter fnter debits befarn credia