Current Attempt in Progress

Your answer is partially correct.

On January $1,2023,$ Flounder Inc.$\text{'}$s general ledger had these liability accounts:

In addition, Flounder had a balance in HST Receivable of $$4,060$ at January $1,2023.$ Flounder uses a periodic inventory system,

operates in the province of Ontario where HST is $13\%,$ and follows ASPE. Flounder's required premium for El is $1\mathrm{.}4$ times the employee

premium; for CPP$,$ it is $1\mathrm{.}0$ times the employee contribution.

In January $2024,$ the following transactions occurred:

Jan. Sold merchandise for $$15,900$ cash, plus HST$.$

$5$

$12$ Provided services for customers who had previously made advance payments of $$7,345.$

$14$ Paid the Receiver General for Canada HST invoiced in December $2022.$

$15$ Paid the Receiver General for Canada for amounts owing from the December payroll for CPP$,$ EI$,$ and income tax.

$20$ Purchased equipment on account for $$6,667,$ taxes included.

$31$ Recorded and paid the monthly payroll. Gross salaries were $$25,384.$ Amounts withheld include CPP of $$1,187,$ El of

$$470,$ and income tax of $$4,537.$

$31$ Recorded employee benefits, which include CPP and EI$.$ Prepare all the journal entries necessary to record the transactions noted above as they occurred. $($Round answers to $0$ decimal places,

e$.$g$.5,125.$ Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before

credit entries. If no entry is required, select $"$No Entry" for the account titles and enter Ofor the amounts. Record journal entries in the order

presented in the problem.$)$ ONLY FIND THE SOLUTIONS FOR THE BOXES MARKED IN RED. THE REST OF THEM ARE CORRECT.