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Required Information Use the following information for the Exercises below. (Algo) [The following information apples to the questions displayed below] BMX Company has one employee.

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Required Information Use the following information for the Exercises below. (Algo) [The following information apples 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 poy. For BMX, its FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first 57,000 paid to hs employee. Exerclse 9-8 (Algo) Payroll-related Journal entrles LO P2 Assuming stuation (a), prepare the employerts September 30 joumal entry to record salary expense and its related payroli fiablities for this employee. The employee's federal income taxes withheld by the employer are $90 tor this pay period. Complete this question by entering your answers in the tabs betow. Netei Revand your antein en to 2 decimal places. Assuming situation (a), prepare the employer's September 30 journal entry to record the employer's payroll taxes expense and its related liabilities. Complete this question by entering your answers in the tabs below. Prepare the employer's September 30 journal entry to rocord the employer's payroll taxes expense and its related liablities. Note: Round your answers to 2 decimal places. Journal entry worksheet Record the employe's September 30 payroll taxes expense and its related liabilities. Notel fider detiti before ondes. 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 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 employee. Exerclse 9-9 (Algo) Payroll-related journal entrles LO P3 related llabilities. Complete this question by entering your answers in the tabs below. Assuming situation (a), compute the paryroll taxes expense. Notet Round your ansivers to 2 decimal places. form Required Information Use the following information for the Exercises below. (Algo) [The foliowing information applies to the questions cisplayed below] BMX Company has one employee. FICA Socisi security taxes are 6.2% of the first $137.700 pald to its employee, and FICA to its employee. Exercise 9-7 (Algo) Computing poyroll toxes LO P2, P3 Compute BMX's amounts for each of there four taxes as applied to the employee's gross earnings for September under each of three seperate situbitions (a). (b). and (c). Note: Round your answers to 2 declmel places

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