# MApplications Rapidldentity XPrinciples of Accounting I- A XO Question 6 - Chapter 9 Assign Xezto.mheducation.com/ext/map/index.html?_con=con&external_browser=D0&launchUrl=https%253A%252F9gnment: Accounting for Curre... 1HelpSavedSave & ExiCheckRequired informationUse the following information for the Exercises below. (Algo)[The following information applies to the questions displayed below.]BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 paid to itsemployee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 0.6% andSUTA taxes are 5.4% of the first $7,000 paid to its employee.Gross Pay throughAugust 31$5,100Gross Pay forSeptember$ 2,2002,700a.b.009132,000C.009'Exercise 9-8 (Algo) Payroll-related journal entries LO P2Assuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payrollTレaこ:1rーナ~*コFiー :こ:1T - :T:1: :1< PrevNext >............IIF3F5F7F8F12FinderDDI2$49.6 %24Applications Rapidldentity XO Principles of Accounting I-A XQuestion 6- Chapter 9 Assign xezto.mheducation.com/ext/map/index.html?_con3con&external_browser=D0&launchUrl=https%253A%252F%252FlmsAssignment: Accounting for Curre... iHelpSave & ExitSubmSavedCheck my workRequired informationAssuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payrollliabilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period.Complete this question by entering your answers in the tabs below.Taxes to beWithheld FromGeneral JournalGross PayThe employee's federal income taxes withheld by the employer are $80 for this pay period. Assuming situation (a), compute the taxes to bewithheld from gross pay for this employee. (Round your answers to 2 decimal places.)Taxes to be Withheld From Gross Pay (Employee-Paid Taxes)September EarningsSubject to TaxTax RateTax AmountcesFederal income tax< PrevNext >ww.. R.6 Jo..... .... ..F3F4F5F7F8F10F12FinderLLDeDDI//&3.5.R

The amount used to compute an employee's earnings (hourly) or salary is referred to as gross pay…

Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 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 August 31 $ 5,100 2,600 132,000 Gross Pay for September $ 2,200 2,700 8,600 a. b. с.

Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 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 August 31 $ 5,100 2,600 132,000 Gross Pay for September $ 2,200 2,700 8,600 a. b. с.

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter4: Posting To A General Ledger

Section: Chapter Questions

Problem 3AP

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