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Use the following information for the Exercises below. (Algo) The following informationt applies to the questionis displayed bejow] BMx Company hus one employee. FCA Social

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Use the following information for the Exercises below. (Algo) The following informationt applies to the questionis displayed bejow] BMx Company hus one employee. FCA Social Security taxes are 6.2% of the first $137700 paid to its employee, and Fic. to its employee Exercise 9.9 (Algo) Payroll-related journal entries LO P3 Assuming sifuation (ab), prepare the employer's September 30 joumal entry to record the employer's payroll taces expense and its related liabilies: Complete this question by entering your answers in the tabs below. Assuming situstion (a), compute the payrod taxes exponse. Hotei Rouind your answers to 2 decimal places

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