Farenholtz Ventures Ltd. had the following transactions to account for Oct 18 The company sold gift cards totalling $2,300 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 311 Nov. 10 Customers redeemed gift cards to pay for $2,100 in sales. Farenholtz's cost for the products sold was $885 The company remitted the source deductions related to the October 31payroll. The board of directors of Farenholtz declared dividends of $2.00 per share on the company's common shares. There were 9,500 common shares issued at this date. The dividends are payable on December 15 The company paid the dividends declared on November 301 Nov. 15 Nov. 30 Dec. 15 O 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 o for the amounts.) Date Account and explanation Debit Credit QU ACE Oct. 18 Qu Acce 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 - c To record employer's abilities) (To record employer's liabilities) Oct 31 (To record wages pald) Nov. 10 o AC (To record redemption of gift card) Vic ACE Que Acco (To record cost for the product sold) Que Accou Nov. 15 Ques Accoun Quc (To record cost for the product sold) Nov. 15 Nov. 30 Dec 15