Farenholtz Ventures Ltd. had the following transactions to account for: Oct. 18 The company sold gift cards totalling $2,100 to a corporate customer who was using them for an employee promotion Oct 31 The company's four employees earned total wages of $10,800 during the month. The source deductions on these wages were CPP of $535, El of $208 and income taxes of $2,160. The company's CPP premiums on these wages were $535, while the El premiums were $291. Nov. 2 The company paid the wages recorded on October 31st Nov. 10 Customers redeemed gift cards to pay for $2,350 in sales. Farenholtz's cost for the products sold was $940. Nov. 15 The company remitted the source deductions related to the October 315 payroll. Nov. 30 The board of directors of Farenholtz declared dividends of $2.00 per share on the company's common shares. There were 12,000 common shares issued at this date. The dividends are payable on December 15th Dec. 15 The company paid the dividends declared on November 30th Prepare journal entries for the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry for the account titles and enter for the amounts.) Date Account and explanation Debit Credit Oct. 18 Oct. 31 (To record wages payable) Oct. 31 (To record employer's liabilities) Oct 31