A company had gross payroll costs of $625,000 for the week ended April 27, 2020. The employee income taxes withheld are at 22%, the Canada Pension Plan withheld was at 5.05% and the Employment Insurance withheld was at 1.80%. In addition, a total of $18,600 was deducted for RRSP contributions and $16,700 was deducted for Blue Cross Insurance premiums. The company's employees are paid at the end of every week, and they work a five- day week. Required: Prepare Journal Entries for the following transactions (no explanations are required). Ignore the CPP and El maximum amounts. 1. Record the payroll entry on April 27, 2020. Assume that the cheque to transfer the funds to the payroll bank account is issued that day. 2. Record the employer's share of payroll deductions on April 27, 2020. 3. Record the Canada Revenue Agency remittance on May 15, 2020 assuming the only week worked and reported was the last week in April. 4. Record the remittances on May 31, 2020 to the insurance company and the financial institution for the Blue Cross and RRSP contributions. Each remittance is for the week worked above. A company had gross payroll costs of $625,000 for the week ended April 27, 2020. The employee income taxes withheld are at 22%, the Canada Pension Plan withheld was at 5.05% and the Employment Insurance withheld was at 1.80%. In addition, a total of $18,600 was deducted for RRSP contributions and $16,700 was deducted for Blue Cross Insurance premiums. The company's employees are paid at the end of every week, and they work a five- day week. Required: Prepare Journal Entries for the following transactions (no explanations are required). Ignore the CPP and El maximum amounts. 1. Record the payroll entry on April 27, 2020. Assume that the cheque to transfer the funds to the payroll bank account is issued that day. 2. Record the employer's share of payroll deductions on April 27, 2020. 3. Record the Canada Revenue Agency remittance on May 15, 2020 assuming the only week worked and reported was the last week in April. 4. Record the remittances on May 31, 2020 to the insurance company and the financial institution for the Blue Cross and RRSP contributions. Each remittance is for the week worked above