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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 06% and SUTA taxes are 54% of the first $7,000 paid to its employee Gross Pay through August 31 $ 6,100 2.880 123.700 Gross Pay for September $1,400 2.900 b Assuming situation a prepare the employer's September 30 journal entries to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $90 for this pay period Complete this question by entering your answers in the tabs below. Employee Pald Taxes General Journal Assuming situations, calculate the employee-paid taxes. The employee's federal income taxes withheld by the employer are 590 for this pay period. (round your answers to 2 decimal places) Taxes to be withheld From Gross Pay Employee-Paid Taxes) September Earnings Subject to Tax Tax Rate Tax Amount Federal income 5 90.00 Required information The following information applies to the questions displayed belowy BMX Company has one employee FICA Social Security taxes are 62% of the first $128.400 pald to its employee, and FICA Medicare taxes are 145% of gross pay For BMX, its FUTA taxes are 06% and SUTA taxes are 54% of the first $7,000 paid to its employee Gross Day through Austust 11 56,100 2.800 123,700 Gross Pay for September 53.400 2.900 C Assuming situation a prepare the employer's September 30 journal entries to record salary expense and its related payroll Habilities for this employee. The employee's federal income tax withheld by the employer are 590 for this pay period Complete this question by entering your answers in the tabs below. Employee paid Ta General Journal suming tuition coate the employee paid to the employee's federat income taxes withheld by the employee are 550 for the period(Nound to Taxes to be withold From Gross Pay Employee Paid Taxes) September Camings Tax Rate Tax Amount Subject to Tax 00.00

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