Ephemeral Faces Ltd., which has a May 31 year end, had the following transactions in May 2020 and June 2020:

2020
May 1		The company borrowed $80,000 from a bank on a four-year loan payable. The terms of the loan stipulate that Ephemeral must repay eight equal payments of principal every April 30 and October 31 plus the interest accrued to that date. The loan bears interest at 9% per annum.
May 31		Recorded employee wages for May. The wages earned by employees amounted to $36,500, and the company withheld CPP of $1,807, EI of $595, and income taxes of $7,300. Ephemerals employer contributions were CPP of $1,807 and EI of $791.
May 31		Recorded the adjusting entry to record the interest incurred on the bank loan during May.
May 31		Recorded the entry to reclassify the current portion of the bank loan.
2021
June 5		Paid the wages recorded on May 31.
June 15		Made the remittances related to the May 31 payroll.

Prepare all necessary journal entries related to the above transactions.

Please use this list of accounts to fill out the tables above.

Accounts Payable Advertising Revenue Bank Loan Payable Cash Cost of Goods Sold CPP Payable Current Portion of Long-Term Debt Customer Loyalty Provision Dividends Payable EI Payable Employee Income Taxes Payable Equipment Gift Card Liability Interest Expense Interest Payable Inventory Long-Term Loan Payable Membership Revenue Miscellaneous Expense No Entry Operating Expenses Parts Inventory Prepaid Rent Registration Revenue Rent Expense Rent Payable Sales Revenue Service Revenue Subscription Revenue Unearned Revenue Unearned Warranty Revenue Union Dues Payable Wages Expense Wages Payable Warranty Expense Warranty Provision Warranty Revenue WCB Expense

Date 2020 Account itles and Explanatior Credit (To record wages payable) (To record emplover's liabilities) (To record employer's liabilities) To interest) To reclassify the current portion of the loan) 21 June:15 SHOW LIST OF ACCOUNTS