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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.

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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. HCA Social Security taxes are 6.2% of the first $137700 paid to its employee, and FICA Medicare taxes are 145% of gross pay. For BMX. Its FUTA taxes are 06% and SUTA taxes are 5.1% of the first $7000 paid to its employee Gross Pay throuh August 31 15,190 2,600 132.000 Gross Pay for September 3.2.200 2,700 8.600 b. Exercise 9-9 (Algo) Payroll-related journal entries LO P3 Assuming situation, 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. Payroll Taxes Expense General Journal Exercise 9-9 (Algo) Payroll-related journal entries LO P3 Assuming situation (a), prepare the employer's September 30 journal entry to record the employer's payroll taxes expense and its related Habilities Complete this question by entering your answers in the tabs below. Payroll Taxes Expense General Journal Assuming situation (a), compute the payroll taxes expense. (Round your answers to 2 decimal places) Employer Payroll taxes September earnings subject to tax Tax Rate Tax Amount 5 000 General Journal > Required information Expense Journal Prepare the employer's September 30 journal entry to record the employer's payroll taxes expense and its related abilities (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet 1 > Record the employer's September 30 payroll taxes expense and its related liabilities Note: Enter debits before credits General Journal Debit Credit Date September 30

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