Required information Use the following information for the Exercises below. (Algo) (The following information applics to the questions displayed below) BMX Compary has one employee. FICA Social Security taxes are 6.24 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 $7,000 paid to its employee: xercise 9-8 (Algo) Payroll-related journal entries LO P2 ssuming sitution (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for. is employee. The employee's federal income taxes withheld by the employer are $90 for this poy penod Complete this question by entering your answers in the tabs helow. the amployees federal income taxes withleed by the employer are 590 for this pay period. Assuming situation (a), compute he taves to be withheld from gress pay for this omployee. (Round your answers to 2 dedmal places.) 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 $90 for this pay period, (Round your answers to 2 . decimal places.) Journal entry worksheet Prepare the employer's September 30 joumal entry to record accrued salary expense and its related payroll liabilities for this employee. Hote: Enter debitw before credits