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Use the following information for the Exercises below. (Algo) [The following information opplies to the questions displayed beiow] BMX Company has one employee. FCA Social

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Use the following information for the Exercises below. (Algo) [The following information opplies to the questions displayed beiow] BMX Company has one employee. FCA Social Security tanes are 6.22 of the firt: $137700 paid to is employee, and FiCA Medicare taxes are 1.45% of gross pay for BMX, its FUTA taves are 06%, and 5 UTA taxes are 5.4% of the first $7.000 paid to its employee Exercise 9-8 (Algo) Poyroll-reloted journol entries LO P2 Assuming situation (4) prepare the employers September 30 journal entry to record salary expense and ats related paytoul iablities for this employee. The employee's federal income tanes with held by the employer ate 590 for this pay perood. Complete this questien by entering your answers in the tabs below. the baxes to be withineld from grops par for this employee. Nots: Maund your ansmers to 2 dedimal places. Complete this gorstion try entering your enswers in the tabs betow Journal entry worksheet

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