Question: Help Save Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.) BMX Company has

Help Save Required information Use the following information for the Exercises below. (Algo) [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 A. b. C. Gross Pay through August 31 $5,000 2,500 131,900 Gross Pay for September $ 2,100 2.600 8,500 21 Exercise 9-9 (Algo) Payroll-related journal entries LO P3 Assuming situation (o), prepare the employer's September 30 journal entry to record the employer's payroll taxes expense and its related liabilities Complete this question by entering your answers in the tabs below. Payroll Taxes Expense General Journal Assuming situation (a), compute the payroll taxes expense. (Round your answers to 2 decimal places.) Payroll Taxes Expense General Journal Prepare the employer's September 30 journal entry to record the employer's payroll taxes expense and its related liabilities. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet Record the employer's September 30 payroll taxes expense and its related Wabilities Note Entert before credits General Journal Debit Credit Date September 30
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