Question: please help me solve this 0 Required information [The following information applies to the questions displayed below! BMX Company has one employee, FICA Social Security
0 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 $128.400 paid to its employee, and FICA Medicare taxes are 145% 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 8. b. C Gross Pay through August 31 $ 5,400 2,450 123,000 Gross Pay for September $2,400 2,550 8.900 Assuming situation (a), prepare the employer's September 30 journal entries 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 General Expense Journal Prepare the employer's September 30 Journal entries to record the employer's payroll taxes expense and its related liabilities, (Round your answers to 2 decimal places.) View transaction list View journal entry worksheet No 1 Date Sep 30 Debit Credit 279.60 General Journal Payroll taxes expense FICA-Social security taxes payable FICA--Medicare taxes payable Federal unemployment taxes payable State unemployment taxes payable 158 10 3,697 50
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