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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, FICA Social Security taxes are 62% of the first $137700 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay for BMX. its FUTA taxes are 0.69 and SUTA taxes are 5.4% of the first $7000 pald to its employee a b C Gross Pay through August 31 $ 6,200 2,200 133,100 Gross Pay for September Si 20 9:00 Exercise 9-8 (Algo) Payroll-related journal entrles LO P2 Assuming situation (a), prepare the employer's September 30 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 $80 for this pay period. Complete this question by entering your answers in the tabs below. Taxes to be Withheld From General Gross Pay Journal The employee's federal income taxes withheld by the employer are $80 for this pay period. Assuming situation compute the taxes to be withheld from gross pay for this employee. (Round your answers to 2 decimal Places Thues to be withheld From Gross Pay (Employee Paid Taxes) September Eamings Tax Rate Tax Amount Subject to Tax Federal income tax $ 80.00 General Journal > 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 62% 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 Grote Pay through August 31 $ 6,200 2200 133.100 Gross Day for September 5 1.600 2,30 9.70 C. Exercise 9-8 (Algo) Payroll-related Journal entries LO P2 Assuming situation (al prepare the employer's September 30 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 580 for this pay period. Complete this question by entering your answers in the tabs below. Thoses to be Withheld From General Gross Pay Joumal Assuming situation (a), prepare the employer's September 20 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 $80 for this pay period. (Round your answers to 2 decimal places) View transaction list Journal entry worksheet Prepare the employer's September 30 journal entry to record aceroed salary expense and its related payroll liabilities for this employee Nature de General Journal Credit Date September 30 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 Gross Pay through August 31 $6,20 2,200 133 100 GRON Pay for September 5 1.600 20300 9700 c Exercise 9-9 (Algo) Payroll-related Journal entries LO P3 Assuming situation (ay, 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 Joumal Assuming situation (a), compute the payroll taxes expense. (Round your answers to 2 decimal places.) Employer Payroll taxes September earnings subject to tak Tax Rate Tax Amount PIN General Journal > 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 pay. For BMX. Its FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7000 paid to its employee a. D. Gross Pay through August 56,200 2,200 133,100 Gross Pyar Sot S.COM 22300 . Exercise 9-9 (Algo) Payroll-related Journal entries LO P3 Assuming situation () prepare the employers 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 Tees Expense General Journal Prepare the employer's September 30 journal entry to record the employer's payroll taxes expense and related abilities. (Round your answers to 2 decimal places) View transactions Journal entry worksheet Record the employer's September 30 payroll taxes expense and its related liabilities Now before General Journal Det Credit Date September 10 QS 9-11 (Algo) Accounting for bonuses LO P4 Noura Company offers an annual bonus to employees to be shared equally if the company meets certain net income goals. Prepare the joumal entry to record a $21,000 bonus owed but not yet paid to its workers at calendar year-end View transaction list Journal entry worksheet

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