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Required Informatlon 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 Informatlon 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 Securty taxes are 6.2% of the first $132,900 pald 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 pald to its employee Exercise 9-9 (Algo) Payroll-related journal entries LO P3 Assuming situation (d), prepare the employer's september 30 journal entry to record the employer's payroll taxes expense and its related labitties Complete this question by entering your answees in the tabs below. Compuke the poyroll taxes expense. Noter Found your ariswers to 2 decimal places

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