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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

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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 06% and SUTA taxes are 5.4% of the first $7,000 paid to its employee. Gross Pay through August 31 $ 6,400 2,950 124.000 Gross Pay for September $1,700 b. 3,ese 9,900 Exercise 11-7 Payroll-related journal entries LO P3 Assuming situation (a), prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and its related liabilities 5 Connect + ducation.com/ext/map/index.html?_con=con&external browser=0&launchUrl=https%253A%252F%252F ork Saved Required information Complete this question by entering your answers in the tabs below. Payroll Taxes Expense General Journal Compute the payroll taxes expense. (Round your answers to 2 decimal places.) Employer Payroll taxes September earnings subject to tax Tax Rate Tax Amount General Journal >

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