E$10\mathrm{.}2($LO $1)($Record cument babilines.$)$ Chen Wholesalers Ltd$.$ has a December $31$ year end. The company incurred the following transactions rellated to current liabilities:

Chen's cash register showed the following totals at the end of the day on March $17$: pre$-$tax sales $$50,000,$ GST $$2,500,$ and PST $$3,500.$

Chen remitted $$49\mathrm{.}000$ of sales taves owing from March to the government on April $30.$

Exercises $10-53$

Chen paid its employees for the werk of August is on August $20.$ The gross pyy was $$0,000.$ The company deducted $$4,240$ for CPP$,$ $$1,264$ for E$1,$ $$6,400$ for pension, and $$12,400$ for income tax from the employevi' pay.

Chen recorded the eaployer portions of CPP and EI for the wevk of Auguat is on Auguat $20$ for $34,240$ and $31,770,$ repectively.

On September $15,$ all amounts owing for employee income taxs, CPP$,$ and EI pertaining to the pryroll tranactions abowe were paid.

On Decrmber $31,$ Chen's legal counsel believes that the company will have to pay damages of $350,000$ nea year to a local utiliry company. $($Hint: This will affect the Utility Expense account$)$