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 $137700 paid to its employee, and FICA Medicare taxes are 145% of gross pay For BMX, its FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 poid to its employee a. b c. Gross Day through August 31 55,200 2,200 183,10 Gross Pay for September 51,00 2/300 9,700 Exercise 9-8 (Algo) Payroll-related Journal entries LO P2 Assuming situation () 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 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Taxes to be General Withheld From Gross Pay Journal Assuming situation (o), prepare the employer's September 30 journal entry to record salary expense and its related payroll Habilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. (Round your answers to 2 2 decimal places.) No Date General Journal Debit Credit 1 September 30 170 40 % Salaries expense Employee federal income taxes payable FICA Social Security taxes payable FICA-Medicare taes payable Salaries payable 003 09 20 23.2003 4,80 % 43.20 X