Question 1 of 6 - / 3.5 View Policies Current Attempt in Progress On February 28, 2021, Oriole Ltd's general ledger contained the following liability accounts: Accounts payable CPP payable El payable Sales tax payable Employee income tax payable $46.000 2.980 1.118 5.900 5,545 The following selected transactions occurred during the month: Mar. 2 3 4 12 Issued a three-month. 6% note payable in exchange for an account payable in the amount of $10.000. Interest is due at maturity. Sold inventory for cash totalling $50,000, plus 13% HST. The cost of goods sold was $26,000. Oriole uses a perpetual inventory system. Received the property tax bill of $18,000 for the calendar year. It is payable on May 31. (Hint: No accrual has been recorded during the year.) Provided services for customers worth $10,000 plus HST of 13%. The company received payment in full for services and HST. Remitted $9.643 to the government for amounts owing from the February payroll for employee payroll deductions of $7,501 (CPP $1,490. El $466, and employee income tax $5,545) and for employee benefits of $2,142 (CPP $1,490 and El $652) Paid $30.000 to trade creditors on account. Paid employees for the month. Gross salaries totalled $19,000 and payroll deductions included CPP of $802, EI of $259, and employee income tax of $5,820. Employee benefits included CPP of $802 and El of $363. Remitted $5.900 HST pertaining to sales tax collected in February 16 27 30 31 (a) 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. List all debit entries before credit entries. Round answers to decimal places, e.g. 5,275.) Date Account Titles and Explanation Debit Credit Mar 2 Mar. 4