On January 1, 2020, Randy Inc. has the following account balances: Debit HST payable Unearned revenue CPP contributions payable Employee income tax deductions payable El premium payables HST Receivable Credit 12,344 16,900 3,160 5,587 1,089 5,230 Randy uses a periodic inventory system, operates in the Province of Ontario where HST is 13% and follows ASPE. Randy's required premium for El is 1.4 times the employee premium; for CPP, Randy contributes one dollar for each dollar the employees contribute. In January 2020, the following transactions occurred: 2 Jan. 5 12 14 15 Sold merchandise for $17,900 cash, plus HST. Provided services for customers who had previously made advance payments of $7,910. Settled the net HST liability with the province of Ontario for transactions prior to January 1, 2020. Paid the government of Canada for amounts owed for CPP, EI, and income tax prior to January 1, 2020. Purchased equipment on account for $16,385 (HST included). Recorded and paid the monthly payroll. Gross salaries were $51,200. Amounts withheld include CPP of $2,348, EI of $940, and income tax of $9,174. Accrued liabilities for required employer contributions for CPP, EI. 20 31 31 Prepare all the journal entries necessary to record the transactions noted above as they occurred