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.

Gross Pay through August Gross Pay for September

a $ $

b

c

  

Assuming situation a prepare the employers September journal entry to record salary expense and its related payroll liabilities for this employee. The employees federal income taxes withheld by the employer are $ for this pay period.

Answer rating: 100% (QA)

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