Using the data in situation a of Exercise, prepare the employer€™s September 30 journal entries to record salary expense and its related payroll liabilities for this employee. The employee€™s federal income taxes withheld by the employer are $80 for this pay period. (Round amounts to cents.)
In exercise BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $117,000 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 2.9% of the first $7,000 paid to its employee. 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 amounts to cents.)

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a. b. C. Gross Pay through August $ 6,400 18,200 110,700 Gross Pay for September $800 2,100 8,000