Golden Records has four employees who are paid on the 1st and 15th of each month for the work they performed in the preceding half-month. At November 30, each employee is owed gross pay of $1,200, but each one must have 10% of their pay withheld for income taxes. Each must also make Canada Pension Plan contributions of 5.1% of their gross pay and pay Employment Insurance premiums of 1.62% of their gross pay. The following entries were recorded for the month of November: (Click on the icon to view the journal entries.) Show what Golden would report on its balance sheet at November 30 and on its income statement for the month ended on that date Prepare the partial income statement sheet for the month ending November 30. (Leave any unused cells blank. Enter amounts to the nearest cent.) Golden Records Income Statement (partial) For the Month Ended November 30 Expenses: Amount Calculator Print Clear all Check answer 1 Type here to search A ' o - 0 M W 2C ch ENG 11:06 AM 2021-11-21 Journal entries Credit Debit 4,800.00 Date Accounts and Explanation Nov. 30 Salaries Expense Employee Income Tax Payable Canada Pension Plan Payable Employment Insurance Payable Salaries Payable To record salaries and employee withholdings payable. 480.00 244.80 77.76 3,997.44 Credit Date Accounts and Explanation Nov. 30 Canada Pension Plan Expense Employment Insurance Expense Canada Pension Plan Payable Employment Insurance Payable Debit 244.80 108.86 244.80 108.86 Print Done