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Use the informartion given to fill out the two charts. Required information The following information applies to the questions displayed below BMX Company has one

Use the informartion given to fill out the two charts. image text in transcribed
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Required information 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. August 5,700 19,400 113,400 $1,800 3,300 9,200 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.) ployer Payroll taxes Tax Rate Tax to tax 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 General Journal Debit Credit Sep 30 View general journal Clear entry Record entry

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