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 $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 pald to its employee. Assuming situation (a), prepare the employer's September 30 joumal entry to record salary expense and its related payroll liabiln this employee. The employee's federal income taxes witheld by the employer are $80 for this pay period. Complete this question by entering your answers in the tabs below. The employee's federal income taxes withheld by the employer are $80 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 below] 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 paid to its empioyee. Assuming situation (a), prepare the empioyer's September 30 journal entry to record salary expense and its related payroll liabilitles for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. Complete this question by entering your answers in the tabs below. 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 withheld by the employer are s8o for this pay period. Note: Round your answers to 2 - decimal places. Journal entry worksheet Prepare the empioyer's September 30 journal entry to record aconed salary expense and its related payroll Libalities for this employee. Nicte: toter debito before crefits