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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 $ 5,000 2.250 122.600 Gross Pay for September $2,100 2,350 8,500 Assuming situation (a), prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and its related liabilities Assuming situation (a), prepare the employer's September 30 journal entries 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.) Employer Payroll taxes September earnings subject to tax Tax Rate Tax Amount 0.00 General Journal > Required information Payroll Taxes Expense General Journal Prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and its related liabilities. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet Record the employer's September 30 payroll taxes expense and its related liabilities. Note: Enter debts before credits Date General Journal Debit Credit Sep 30 Compute BMX's amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three separate situations (a), (b), and (c). (Round your answers to 2 decimal places.) Tax Rate September Earnings Subject to Tax $ 2.100.000 2,100.00 2.000.00 2,000.00 FICA-Social Security FICA-Medicare FUTA SUTA 6.20% 145% Tax Amount $ 130.20 30.45 12.00 108.00 0.60% 5.40% September Earnings Subject to Tax 2.350.00 Tax Amount $ FICA-Social Security Tax Rate 6.20% 145% 0 80% FICA Medicare FUTA 2,350.00 2.350.00 2.350.00 34.08 14.10 126.90 SUTA 5.40% September Earnings Subject to Tax 5,800.00 Tax Rate 6.20% Tax Amount $ 350.60 FICA Social Security FICA Medicare

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