Question: help i need this withon the hour it is timed!!! 3 Part 1 of 3 Required information [The following information applies to the questions displayed

![displayed below] BMX Company has one employee. FICA Social Security taxes are](https://dsd5zvtm8ll6.cloudfront.net/si.experts.images/questions/2024/10/67182244adbe8_8846718224446966.jpg)



3 Part 1 of 3 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 $137,700 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 0155:54 Gross Pay through August 31. $ 5,800 Gross Pay for September $1,400 a. b. 2,300 C. 132,700 2,400 9,300 Compute BMX's amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three separate situations (a), (b), and (c) (Round your answers to 2 decimal places.) THE September Earnings Subject to Tax Tax Amount FICA-Social Security FICA-Medicare FUTA SUTA N September Earnings TAN Tax Amount FICA-Social Security FICA-Medicare FUTA HUTA Tax Rate 3 art 1 of 3 01:55:42 Compute BMX's amounts for each of these four taxes as applied to the employee's gross earning separate situations (a), (b), and (c). (Round your answers to 2 decimal places.) a) Tax Rate Tax Amount September Earnings Subject to Tax Tax FICA-Social Security FICA-Medicare FUTA SUTA b) Tax September Earnings Subject to Tax Tax Rate Tax Amount FICA-Social Security FICA-Medicare FUTA SUTA c) Tax September Earnings Subject to Tax Tax Rate Tax Amount FICA-Social Security FICA-Medicare FUTA SUTA 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 $137,700 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. Gross Pay through Gross Pay for September a. $ 1,400 August 31 $ 5,800 2,300 132,700 b. 2,400 9,300 C. Assuming situation (e), prepare the employer's September 30 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 $90 for this pay period. Complete this question by entering your answers in the tabs below. Taxes to be Withheld From General Journal Gross Pay The employee's federal income taxes withheld by the employer are $90 for this pay period. Assuming situation (a), compute the taxes to be withheld from gross pay for this employee. (Round your answers to 2 decimal places.) Taxes to be Withheld From Gross Pay (Employee-Pald Taxes) September Earnings Subject to Tax Tax Rate Tax Amount Federal income tax $ 90.00 General Journal > of 10 12 Droit Next > Taxes to be Withheld From General Journal Gross Pay of 3 Assuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related this employee. The employee's federal income taxes withheld by the employer are $90 for this pay period. (Round yo decimal places.) View transaction list 1:55:02 Journal entry worksheet
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