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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 $137.700 paid to its employee, and FICA Medicare taxes are 1.45\% of gross pay. For BMX, its FUTA takes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to its employee. issuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll tiabilities for his 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. The employee's federal income taxes withheld by the employer are s80 for this pay period. Assuming situation (a), compute the taxes to be withheld from gross pay for this employee, (Round your answers to 2 decimal places.) BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 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 employe.. issuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll hiabilities for his 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 toxes withheld by the employer are $80 for this pay period. (Round your answers to 2 decimal places-) Journal entry worksheet Prepare the emplover's September 30 joumal entry to record acenued salary expense and its related payroll liabilities for this employee. Woke Enter detiti berfore credra

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