Bmx Company Has One Employee

Bmx company has one employee. fica social security taxes are 6.2% of

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Place a health problem or need for wellness promotionMay seven, 2021Part one – discipline area preferences the new york city teachingMay 7, 2021

BMX Visitor has one employee. FICA Social Security taxes are 6.2% of the first $110,100 paid to its employee, and FICA Medicare taxes are one.45% of gross pay. For BMX, its FUTA taxes are 0.8% and SUTA taxes are 2.9% of the first $seven,000 paid to its employee.
Gross Pay through AugustGross Pay for September
a.$ 6,400$ 800

Fix the employer's September 30 journal entries to tape bacon expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $lxxx for this pay menstruum. (Round your answers to 2 decimal places.)

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