Problem 10-1A On February 28, 2018, Molega Ltd.'s general ledger contained the following liability accounts: $38,700 2,660 1,066 Accounts payable CPP payable EI payable Sales tax payable Employee income tax payable Unearned revenue 5,900 5,267 13,900 The following selected transactions occurred during the month: 12 Mar. 2 Issued a three-month, 6% note payable in exchange for an account payable in the amount of $9,000. Interest is due at maturity. 5 Sold inventory for cash totalling $41,100, plus 13% HST. The cost of goods sold was $22,900. Molega uses a perpetual inventory system. 9 Received the property tax bill of $17,200 for the calendar year. It is payable on May 1. Provided services for customers who had made advance payments of $12,430 including 13% HST, which is not payable until the related sale occurs. 13 Paid $5,900 HST to the Receiver General for sales tax collected in February. 16 Paid $8,993 to the Receiver General for amounts owing from the February payroll for employee payroll deductions of $7,041 (CPP $1,330, EI $444, and employee income tax $5,267) and for employee benefits of $1,9 (CPP $1,330, and EI $622). 27 Paid $27,800 to trade creditors on account. 31 Paid employees for the month. Gross salaries totalled $16,700 and payroll deductions included CPP of $741, EI of $314, and employee income tax of $6,210. Employee benefits included CPP of $741 and EI of $440. 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 ans to o decimal places, e.g. 5,275.) Date Account Titles and Explanation Debit Credit (To record cost of goods sold) Mar. 16 (To record payroll and employee deductions) (To record employee benefits) 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 o decimal places, e.g. 5,275.) Date Account Titles and Explanation Debit Credit Mar. 31 Prepare the current liabilities section of the statement of financial position at March 31. (Round answers to o decimal places, e.g. 5,275.) MOLEGA LTD. Statement of Financial Position (partial) March 31, 2018 Current liabilities Date Account Titles and Explanation Debit Credit Mar. 31 Prepare the current liabilities section of the statement of financial position at March 31. (Round answers to o decimal places, e.g. 5,275.) MOLEGA LTD. Statement of Financial Position (partial) March 31, 2018 Current liabilities Total current liabilities