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Required information [The following information applies to the questions displayed below.] BMX Company has one employee. FICA Social Secutity 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 Secutity 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 pald to its employee. The employee's gross pay is shown below. repare the employer's September 30 journal entry to record salary expense and its related paycoll liabilitios for this employee. The mployee's federal income taxes withheld by the employer are $70 for this pay period. Complete this question by entering your answers in the tabs below. Prepare the employer's September 30 joumal entry to record satary expense and its reiated payroll llabilies for this employee. The employee's foderal income taxes withhold by the employer are $70 for this pay period. (Round your answers to 2 decimal places.) Journal entry worksheet Prepare the employer's September 30 journal entry to record accrued salary expense and its related payroll liabilities for this employee. Noter Enter debits before credits. Journal entry worksheet Record the employer's September 30 payroll taxes expense and its related liabilities. Note: Enter debits befoce credits

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