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Use the tollowing intormation ror the exercises Deiow. (Aigo) [The following information applies to the questions displayed below.] BMX Company has one employee. FCA Social

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Use the tollowing intormation ror the exercises Deiow. (Aigo) [The following information applies to the questions displayed below.] BMX Company has one employee. FCA Social Security taxes are 6.2% of the first $132,900 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 5.4% of the first $7.000 paid to its employee. Exercise 9-9 (Algo) Payroll-related journal entries LO P3 Assuming situation (o), prepare the employer's September 3 gjournal entry to record the omployer's payroll taxes expense and its Complete this question by entering your answers in the tabs below. Compute the payroll taxes expense. Note: Round Your antwers to 2 decimal places? Assuming situation (a), prepare the employer's September 30 journal entry to record the omployer's payroll taxes expense and its related liabilities. Complete this question by entering your answers in the tabs below. Prepare the employer's September 30 fournal entry to record the employer's payroll taxes expense and its related liabilities. Note: Round your answers to 2 decimal places

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