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{The following information applies to the questions displayed below) BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $118,500 paid

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{The following information applies to the questions displayed below) BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $118,500 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 2.9% of the first $7,000 paid to its employee. Gross Pay through August $ 5,200 18.900 112,900 Gross Pay for September $2,400 2,800 8,700 Assuming situation a, prepare the employer's September 30 journal entries to record salary expense and its related payroll liabilitie for this employee. The employee's federal income taxes withheld by the employer are $90 for this pay period. (Round your answe to 2 decimal places.) Taxes to be withheld From Gross Pay (Employee-Pald Taxes) September Earnings Tax Rate Tax Amount Subject to Tax Federal income tax $ 90.00 View transaction fiat Journal entry worksheet 1 Prepare the employer's September 30 journal entry to record the accrued salary expense and its related payroll liabilities for this employee. [The following information applies to the questions displayed below.) BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $118,500 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 2.9% of the first $7,000 pald to its employee. Gross Pay through August $ 5,200 18.900 112,900 Gross Pay for September $2,400 2.800 8,700 Assuming situation a, prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and its related liabilities. (Round your answers to 2 decimal places.) Employer Payroll taxes September earning subject to tax Tax Rate Tax Amount View transaction list Journal entry worksheet 1 Record the employer's September 30 payroll taxes expense and its related liabilities

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