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 $128,400 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. Exercise 9-7 Payroll-related journal entries LO P3 Assuming situation (a). prepare the employer's September 30 journal entries to record the employer's paytoll taxes expense and its elated liabilities. Record the employer's September 30 payroll taxes expense and its related liabilities. Note: Enter debits before credits. ratstart linkuintiae Complete this question by chtering your answers in the tabs below. Compute the payroll taxes expense. (Round your answers to 2 decimal places.)