Question: this is all one question Required information (The following information applies to the questions displayed below) BMX Company has one employee. FICA Social Security taxes


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 $132,900 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 August 31 September $ 5,200 $2,400 b. 2,700 2,800 127,300 8,700 C. Assuming situation (a). 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 General Expense Journal Compute the payroll taxes expense. (Round your answers to 2 decimal places.) Employer Payroll taxes September earnings Tax Rate Tax Amount subject to tax FICA-Social Security 2.400.00 6.20% $ 148.80 PEICA_Martian annon 14 URO Assuming situation (a), 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 General Expense Journal Compute the payroll taxes expense. (Round your answers to 2 decimal places.) Employer Payroll taxes September earnings Tax Rate Tax Amount subject to tax FICA Social Security 2,400.00 6.20% s 148.80 FICA-Medicare 2,400.00 1.45% 34.80 FUTA 0.60% SUTA 5.40% Total Payroll Taxes Expenses 183.60 Payroll General Journal > Assuming situation (a), 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 General Expense 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 View journal entry worksheet Tema No Date Sep 30 Dobit Credit 1 General Journal Payroll taxes expense FICA-Social security taxes payable FICA Medicare taxes payable Federal unemployment taxes payable State unemployment taxes payable
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