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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 pald to its employee a. b. Gross way through August 31 $ 5,300 2.400 122.900 Grono Pay for September $2,600 2,500 8.800 Exercise 9-6 Payroll-related journal entries LO P2 Assuming situation (a), prepare the employer's September 30 journal entries to record salary expense and its related payroll Habilities for this employee. The employee's federal income taxes withheld by the employer are $70 for this pay period. Complete this question by entering your answers in the tabs below. Taxes to be withheld From General Journal Gross Pay The employee's federal income taxes withheld by the employer are 570 for this pay period. Compute the taxes to be withheld from gross pay for this employee. (Round your answers to 2 decimal places.) Taxas to be Withheld From Gross Pay (Employee Paid Taxes) September Earnings Tax Rate Subject to Tax Tox+mount Federal income tax $ 70.00 General Journal > Assuming situation (a), prepare the employer's September 30 journal entries to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $70 for this pay period. Complete this question by entering your answers in the tabs below. Taxes to be withheld From General Journal Gross Pay The employee's federal income taxes withheld by the employer are $70 for this pay period. Prepare the employer's September 30 journal entries to record salary expense and its related payroll liabilities for this employee. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet Prepare the employer's September 30 journal entry to record accrued salary expense and its related payroll liabilities for this employee. Note Enter det bare credits Debit Credit General Journal Sep 30 10 Next 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 Cross Pay through August 31 $ 5.300 2.400 122.900 Gross Pay for September $2,600 2,500 8.800 Exercise 9-7 Payroll-related journal entries LO P3 Assuming situation (), prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and its related abilities 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.) September earnings subject to tax Tax Rate Tax Amount 5 0.00 General Journal > work Saved Required information Complete this question by entering your answers in the tabs below. Payroll Taxes General Expense Journal Prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and it your answers to 2 decimal places.) View transaction list Journal entry worksheet
