12 13 14 16 10 7 8 9 6 A1 3 5 4 File Home Calibri 14 B Xx Question 2: Liabilities BEA C E D A G F entering amounts. Debit entries must be entered first, then credit entries. (2). In the month of November 2023, Cole's Electronics 11 exceeded its cash balance by $10,000 and the bank automatically activated a line of credit to cover the shortage. Workbook Statistics (1). During 2023, customers purchased five-year extended warranty plans totalling $75,000. The extended warranty period will commence once the standard manufacturer warranty period ends in 2025. Noam, the senior accountant for Cole's Electronics Company, is currently preparing the financial statem the year ending December 31, 2023, and has asked you to help classify the following liabilities. (3). During the holiday shopping period in December 2023, Cole's Electronics sold $15,000 in gift cards. (4). In December, the company withheld CPP and El totalling 15 $85,600 from its employees. The amount will be remitted in January 2024. *** REQUIRED: (1) Ide