On January 1, 2020, Novak Inc s general ledger had these liability accounts CPP contributions payable $ 2,146 EI premiums payable 1,024 HST payable 11,322 Employee income tax deductions payable 4,592 Unearned revenue 15,400 In addition, Novak had a balance in HST Receivable of $4,230 at January 1, 2020 Novak uses a periodic inventory system, operates in the Province of Ontario where HST is 13 and follows ASPE Novaks required premium for EI is 1 4 times the employee premium for CPP, it is 1 0 times the employee contribution In January 2021, the following transactions occurred Jan 5 Sold merchandise for $16,400 cash, plus HST 12 Provided services for customers who had previously made advance payments of $6,667 14 Paid the Receiver General for Canada HST invoiced in December 2019 15 Paid the Receiver General for Canada for amounts owing from the December payroll for CPP, EI, and income tax 20 Purchased equipment on account for $6,441 taxes included 31 Recorded and paid the monthly payroll Gross salaries were $25,433 Amounts withheld include CPP of $1,188, EI of $460, and income tax of $4,592 31 Recorded employee benefits, which include CPP, EI Prepare all the journal entries necessary to record the transactions noted above as they occurred (Round answers to 0 decimal places, e g 5,125 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 0 for the amounts Record journal entries in the order presented in the problem ) On Jan 2 29 Marcellodeadox x TER PL L00 Etenim te 4500 14 00 in water to be 1 21 1 223 periodivery, in the area for what 1 Per priser er fork 1 rimas the pretir I THAY 272, S 12 Predamastar satararats had y TEDECans pu mantas cc 16 Here for her Farren portar trgother CPR 21 Leath Grade et wees, insure held in CP3 co 1 tel Partiary to and the Cathy W (And Small Ap 128 Bally desi www he is two we de www furked, Fany forward and was award wie in de politie praba Date Der Titlesd Caparatice Credit 1 1 a rsss a do A S 1 Ir H Ahor shpresa red 1 Rand ST w Jur 13 1 1 Ted Barol decual Xr 20 1 Ir sastax tona 1 1

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On January 1, 2020, Novak Inc.s general ledger had these liability accounts: CPP contributions payable $ 2,146 EI premiums payable 1,024 HST payable 11,322 Employee

On January 1, 2020, Novak Inc.s general ledger had these liability accounts:

CPP contributions payable		$ 2,146
EI premiums payable		1,024
HST payable		11,322
Employee income tax deductions payable		4,592
Unearned revenue		15,400

In addition, Novak had a balance in HST Receivable of $4,230 at January 1, 2020. Novak uses a periodic inventory system, operates in the Province of Ontario where HST is 13% and follows ASPE. Novaks required premium for EI is 1.4 times the employee premium; for CPP, it is 1.0 times the employee contribution. In January 2021, the following transactions occurred:

Jan. 5		Sold merchandise for $16,400 cash, plus HST.
12		Provided services for customers who had previously made advance payments of $6,667.
14		Paid the Receiver General for Canada HST invoiced in December 2019.
15		Paid the Receiver General for Canada for amounts owing from the December payroll for CPP, EI, and income tax.
20		Purchased equipment on account for $6,441 taxes included.
31		Recorded and paid the monthly payroll. Gross salaries were $25,433. Amounts withheld include CPP of $1,188, EI of $460, and income tax of $4,592.
31		Recorded employee benefits, which include CPP, EI.

Prepare all the journal entries necessary to record the transactions noted above as they occurred. (Round answers to 0 decimal places, e.g. 5,125. 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 0 for the amounts. Record journal entries in the order presented in the problem.)

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On Jan 2:29. Marcellodeadox x TER PL L00 . Etenim te 4500 14.00 in water to be 1.21 1.223. periodivery, in the area for what 1. Per priser er fork 1. rimas the pretir. I THAY 272, S. 12 Predamastar satararats had y TEDECans pu mantas.cc. 16 Here for her Farren portar trgother CPR 21. Leath.Grade et wees, insure held in CP3.co 1 tel. Partiary to and the Cathy W. (And Small Ap.128. Bally desi www he is two we de www.furked, "Fany forward and was award wie in de politie praba Date Der Titlesd Caparatice Credit 1 1 a rsss a do A S 1 Ir H Ahor shpresa red 1 Rand ST w Jur. 13 1 1 Ted Barol decual Xr. 20 1 Ir sastax tona 1 1