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Using the data in situation ( a ) of Exercise 1 1 - 7 , prepare the employer's September 3 0 journal entry to record
Using the data in situation a of Exercise prepare the employer's September journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $ for this pay period. Round amounts to cents.
Exercise
Payrollrelated journal entries P
Using the data in situation a of Exercise prepare the employer's September journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $ for this pay period. Round amounts to cents.
Exercise
Payrollrelated journal entries P
BMX Company has one employee. FICA Social Security taxes are of the first $ paid to its employee, and FICA Medicare taxes are of gross pay. For BMX its FUTA taxes are and SUTA taxes are of the first $ paid to its employee. Compute BMXs amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three separate situations ab and c Round amounts to cents.
tableGross Pay through August Gross Pay for Septembera$$
HELP WITH EXERCISE WITH THE INFORMATION PROVIDED FROM EXERCISE PLEASE!!!
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