On January 15, the payroll supervisor determines that the bi-weekly gross pay for the ABC Company was $115,000. Employee deductions include $3,020 for CPP, $3,050 for EI and $23,500 for personal income taxes. The payment of the payroll and remittances occurred on January 17.

Required:

Prepare the journal entries to record the following:

1. Employee payroll deductions,

2. Employers payroll costs,

3. Payment of the payroll and

4. Remittances.