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Required information Use the following information for the Exercises below The winterstone IMX Company has one e RCA Social Security 2.500 open and FCA ofron

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Required information Use the following information for the Exercises below The winterstone IMX Company has one e RCA Social Security 2.500 open and FCA ofron pay For MKUTA SUTA 29 of the $7000 to its employee 18.4 2. Exercise 15-7 Payrol-related journal entries LOP3 Ang som SO SD USA X1 :31 S 3 5 & 9 6 7 8 9 2 0 E. R T GI Y U 1 0 P 5 + D E TA 300.00 0.60% 300.00 2.90% Total Payroll Taxes Expense 1.80 8.70 48.75 $ Answer is not complete. No Date General Journal Debit Credit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate o Required information Use the following information for the Exercises below. [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 FICA 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 $7,000 paid to its employee Gross Pay through August $ 6,600 18,400 112,480 Gross Pay for September $ 500 2,300 8,200 b. Exercise 11-7 Payroll-related journal entries LO P3 Assuming situation a, prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and its related liabilities. (Round your answers to 2 decimal places.) Employer Payroll taxes FICA Social Security FICA-Medicare FUTA SUTA OOO Answer is complete but not entirely correct. September earnings Tax Rate Tax Amount subject to tax 500.00 6.20% S 31.00 500.00 1.45% 7.25 300.00 0.60% 1.80 300.00 X 2.90% 8.70 Answer is not complete. No Date General Journal Debit Credit

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