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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 $118,500 paid to its employee, and Medicare taxes are 1.45% of gross pay for BMX. its FUTA taxes are 0.6% and SUTA taxes are 2.9% of the first $7000 paid to its employee. Groes Pay through Asgust S 6,488 Grass Pay foe 5 Bee 2,180 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 $80 for this pay period. (Round your enswers to 2 decimal places.) s to be Withheld From Gross Pay (Em d Taxes) September Earninge Tax Rate Tax Amount CA-Sece Securty /1 Sep 30 NoTransacton Recorded

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