On February 28, 2018, Molega Ltd's general ledger contained the following liability accounts: Accounts payable CPP payable El payable Sales tax payable Employee income tax payable Unearned revenue $39,600 2,480 1,063 5,500 5,707 14,900 The following selected transactions occurred during the month: Mar. 2 issued a three-month, 6% note payable in exchange for an account payable in the amount of $11,000. Interest is due at maturity. 5 Sold inventory for cash totalling $40,600, plus 13% HST. The cost of goods sold was $24,100. Molega uses a perpetual inventory system. 9 Received the property tax bill of $18,100 for the calendar year. It is payable on May 1. 12 Provided services for customers who had made advance payments of $12,430 including 13% HST, which is not payable y until the related sale occurs. 13 Paid $5.500 HST to the Receiver General for sales tax collected in February 16 Paid $9,250 to the Receiver General for amounts owing from the February payroll for employee payroll deductions of $7,390 (CPP $1,240, EI $443, and employee income tax $5,707) and for employee benefits of $1,860 (CPP $1.240, and El $620). 27 Paid $26,900 to trade creditors on account. 31 Paid employees for the month. Gross salaries totalled $14,700 and payroll deductions included CPP of $805, El of $276, and employee income tax of $5,920. Employee benefits included CPP of $805 and El of $386. Record the above transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to decimal places, e.g. 5,275.) Date Account Titles and Explanation Debit Credit Record the above transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically Indented when the amount is entered. Do not indent manually. Round answers to decimal places, eg. 5,275.) Date Account Titles and Explanation Debit Credit (To record sales) (To record cost of goods sold) Activate Coro Set Mar. 16 (To record payroll and employee deductions) Activa (To record employee benefits) e Textbook and Media List of Accounts Record any required adjusting entries at March 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to decimal places, e.g. 5,275.) Credit Debit Date Account Titles and Explanation Activate Mar. 31 Prepare the current liabilities section of the statement of financial position at March 31. (Round answers to decimal places, eg. 5,275.) MOLEGA LTD. Statement of Financial Position (partial) March 31, 2018 Current liabilities $