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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 145% 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 throuen August 31 $ 6,400 2,000 122,109 Gross Pay for September $ 800 2,100 8,000 b. Assuming situation (a), prepare the employer's September 30 journal entries to record salary expense and its related payroll for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. ilities Complete this question by entering your answers in the tabs below. Taxes to be Withheld From General Gross Pay Journal The employee's federal income taxes withheld by the employer are $80 for this pay period. Prepare the employer's September 30 journal entries to record salary expense and its related payroll liabilities for this employee. (Round your answers to 2 decimal places.)

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