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There is the financial information for a local bar for the week ending March 1 7 , 2 0 2 4 Employee Gross PayrollIncome tax

There is the financial information for a local bar for the week ending March 17,2024Employee Gross PayrollIncome tax deducted$1,680Canada Pension Plan deducted$485Employment Insurance deducted$140$800Controlled tipsBenefits insurance premiums deducted$125WSIB assessment rate is $1per $100of payrollCorporate payroll tax is1.4times El deductions and1times CPP deductions The company matches the insurance premiums at a rate of $2per every $1deductedRequired:Calculate the remittance amount to Revenue CanadaCalculate the remittance amount to WSIBJournalize the payroll

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