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Prepare the journal entries listed below. (If no entry is required, select No entry for the account titles and enter O for the amounts, Credit

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Prepare the journal entries listed below. (If no entry is required, select "No entry" for the account titles and enter O for the amounts, Credit occount tities are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries. Round answers to 0 decimal places, eg. 5,275 .) (To record employee benefits expense) Aor 29 No Entry Property Tax Payable Cash Jan1 Jan 15 Mar 1 Apr 1 Apr 15 Apr 29 Jun 1 Cash 12992 Fantastic Fashions has just completed its first quarter of operations. Below are transactions that have not yet been recorded. Jan 1 Pre-taxcash sales amounted to $71,000. HST is collected on all sales at a rate of 13%. Jan 15 Signed a three month note for $12,800 to extend amounts owing on account to Martinez Taste Inc. Interest is 6% annually and due at maturity. Mar 1 Received the annual property tax bill for $8,100 payable on June 1. Apr 1 Paid salaries of $12,500; of this amount $635 is CPP,$198 is El and $4,340 is for income taxes (record the employer portion as well). Apr 15 Paid the note due. Apr 29 A customer sued Fantastic Fashions for $240,000. Legal counsel has advised that it is unlikely damages will be Jun 1 Paid the property taxes bill in full. Prepare the journal entries listed below. (If no entry is required, select "No entry" for the account titles and enter Ofor the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries. Round answers to O decimal places, e. 5.275 .) Apr 1 Salaries Expense 12500 cpppayable \( \longdiv { 6 3 5 } \) El Payable 198 Cath 443405173 (To record salaries expense) Aar 15 Notes Payable 12800 Interest Expene 192 Cash 12992 (To record employee benefits expense) Aar29= NoEntry

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