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BMX Company has one employee. FICA Social Security taxes are $6\mathrm{.}2\%$ of the first $$137,700$ paid to its employee, and FICA Medicare taxes are $1\mathrm{.}45\%$ of gross pay. For BMX$,$ its FUTA taxes are $0\mathrm{.}6\%$ and SUTA taxes are $5\mathrm{.}4\%$ of the first $$7,000$ paid to its employee.

Gross Pay through August $31$ Gross Pay for September

a$.$ $ $5,200$ $ $2,400$

b$.2,7002,800$

c$.132,1008,700$

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 $$90$ for this pay period.Required information

$[$The following information applies to the questions displayed below.$]$

BMX Company has one employee. FICA Social Security taxes are $6\mathrm{.}2\%$ of the first $$137,700$ paid to its employee, and FICA

Medicare taxes are $1\mathrm{.}45\%$ of gross pay. For BMX$,$ its FUTA taxes are $0\mathrm{.}6\%$ and SUTA taxes are $5\mathrm{.}4\%$ of the first $$7,000$ paid

to its employee.

Assuming situation $($a$),$ prepare the employer's September $30$ journal entry to record salary expense and its related payroll liabilities fo

this employee. The employee's federal income taxes withheld by the employer are $$90$ for this pay period.

Complete this question by entering your answers in the tabs below.

Taxes to be

Withheld From

Gross Pay

General

Journal

The employee's federal income taxes withheld by the employer are $$90$ for this pay period. Assuming situation $($a$),$ compute

the taxes to be withheld from gross pay for this employee.

Note: Round your answers to $2$ decimal places.

Taxes to be Withheld From Gross Pay $($Employee$-$Paid Taxes$)$

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