The following selected transactions occurred during the month: Mar. 2 Issued a three-month, 6% note payable in exchange for an account payable in the amount of $12.000. Interest is due at maturity. 3 Sold inventory for cash totalling $40.000, plus 13% HST. The cost of goods sold was $26,000. Bonita uses a perpetual inventory system. Received the property tax bill of $16,000 for the calendar year. It is payable on May 31. (Hint: No accrual has been recorded during the year.) 12 Provided services for customers worth $10,000 plus HST of 13%. The company received payment in full for services and HST. 16 Remitted $9.877 to the government for amounts owing from the February payroll for employee payroll deductions of $7.615 (CPP $1.590. El $480, and employee income tax $5,545) and for employee benefits of $2,262 (CPP $1.590 and El $672). 27 Paid $30.000 to trade creditors on account. 30 Paid employees for the month. Gross salaries totalled $17.000 and payroll deductions included CPP of $801, EI of $259, and employee income tax of $5,810. Employee benefits included CPP of $801 and El of $363. 31 Remitted $6,300 HST pertaining to sales tax collected in February. The following selected transactions occurred during the month: Mar. 2 Issued a three-month, 6% note payable in exchange for an account payable in the amount of $12.000. Interest is due at maturity. 3 Sold inventory for cash totalling $40.000, plus 13% HST. The cost of goods sold was $26,000. Bonita uses a perpetual inventory system. Received the property tax bill of $16,000 for the calendar year. It is payable on May 31. (Hint: No accrual has been recorded during the year.) 12 Provided services for customers worth $10,000 plus HST of 13%. The company received payment in full for services and HST. 16 Remitted $9.877 to the government for amounts owing from the February payroll for employee payroll deductions of $7.615 (CPP $1.590. El $480, and employee income tax $5,545) and for employee benefits of $2,262 (CPP $1.590 and El $672). 27 Paid $30.000 to trade creditors on account. 30 Paid employees for the month. Gross salaries totalled $17.000 and payroll deductions included CPP of $801, EI of $259, and employee income tax of $5,810. Employee benefits included CPP of $801 and El of $363. 31 Remitted $6,300 HST pertaining to sales tax collected in February