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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 $137,700 paid

(The following information applies to the questions displayed below] BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 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 Gross Pay for August 31 $ 6,400 2,000 131,400 September $ 800 2,100 8,000 Exercise 9-9 (Static) Payroll-related journal entries LO P3 Assuming situation (e. prepare the employer's September 30 journal entry to record the employer's payroll taxes expense and its related liabilities Complete this question by entering your answers in the tabs below. Payroll Taxes General Expense Journal Assuming situation (a), compute the payroll taxes expense. (Round your answers to 2 decimal places.) Employer Payroll taxes September eamings subject to tax Tax Rate Tax Amount Payroll Taxes General Expense Journal Assuming situation (a), compute the payroll taxes expense. (Round your answers to 2 decimal places.) Employer Payroll taxes September earnings subject to tax Tax Rate Tax Amount $ 0.00 Payroll Taxas Expense General Journal > Expense Journal Prepare the employer's September 30 journal entry to record the employer's payroll taxes expense and its related liabilities. I answers to 2 decimal places.) View transaction list Journal entry worksheet < Record the employer's September 30 payroll taxes expense and its related liabilities. Note: Enter debits before credits. Date September 30 General Journal Debit Credit Record entry Clear entry View general journal

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