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! Required information Use the following information for the Exercises below. ( Algo ) [ The following information applies to the questions displayed below. ]
Required information
Use the following information for the Exercises below. Algo
The following information applies to the questions displayed below.
BMX Company has one employee. FICA Social Security taxes are of the first $ paid to its employee, and FICA Medicare taxes are of gross pay. For BMX its FUTA taxes are and SUTA taxes are of the first $ paid to its employee.
tabletableGross Pay throughAugust tableGross Pay forSeptembera$bc
Assuming situation a prepare the employer's September 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 $ for this pay period.
Complete this question by entering your answers in the tabs below.
tabletableTaxes to beWithheld FromGross PaytableGeneralJournaltableThe employee's federal income taxes withheld by the employer are $ for ththe taxes to be withheld from gross pay for this employee.Note: Round your answers to decimal places.Taxes to be Withheld From Gross Pay EmployeePaid TaxestableSeptember EarningsSubject to TaxTax Rate,Tax AmountFederal income tax,,,$
General Journal
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