Lokeview Compony completed the fo owing two trenssctions. The ennusl sccounting period end: December 3L a. On December 31, csiculsted the psyrall, which indicstes groas earnings for woge: $140,000 ) poyroll deductions for income tax emaloyer contributons for CPP (mstehingl snd El $9,000. Employes: were psid in csah, but psyments for the correspond ng poyrol deductions hove natyet been msde ond employer toxes hove nat yet been recorded. b. Colected rent revenue of $9,600 on December 10 for affice spoce that Lokeview rented to onother businew. Rent colected wss for thirty dsy: from December 11 to Jsnusry 10 and wea credited in full to Deferred Revenue. Required: 1. Prepore the journsl entries to record poyroll on December 3L (If no entry is required far o tronsaction/event, select "No journel entry required" in the first sccount field.) Journal entry worksheet Fecond the wages expenes, inclucing paynoll deductions. 2-a. Prepore the journsi entry for the colection of rent an December 10. If no entry Is requlred for a tronasctionievent, select 'No journal entry required' in the first sccount field.) Journal entry worksheet Focond the collection of 30 dsys' rent in sctvance amaunting to $9,600. Wete: Enilir detats bufore critits. 2-b. Prepsre the sclusting journs entry on December 32. (lf no entry is required for a transaction/event, select "No journsl entry requlred" In the first sccount field.] Journal entry worksheet 3. Show how sny lisbiltes related to these items should be reported on the compony's bo ance sheet at December 31