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BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700...

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Accounting

BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 pald 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 pald to lts employee.
Gross Pay through Gross Pay for
August 31, September
$5,300,$2,600
2,860
2,960
2,800,2,906
a.132,260,8,860
Assuming situation (a), 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 $70 for this pay period.
Complete this question by entering your answers in the tabs below.
Taxes 10 be
General
mithild frum
sermel
The emplovee's federal income taxes withheld by the employer are 370 for this pay period. Assuming situation (a), compute the tayes to be witheld from gross pay for this emploves.
Note' Round your ansiners to 2 decimel places.
\table[[,\table[[September Earnings],[Subject to Tax
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