Question: help please answer in the format below In providing accounting services to small businesses you encounter the following situations. 1. Waterway Corporation rings up cash

In providing accounting services to small businesses you encounter the following situations. 1. Waterway Corporation rings up cash sales and sales taoes separately on its cash register. On April 10, the register totals are pre-tax sales of sales $6,500 plus GST of $325 and PST of $20. 2. Lisa Corporation receives its annual property tax bill in the amount of $8,100 on May 31. 3. (i) During the month of March, Concord Corporation's employees earned gross salaries of $60,000. Withholdings deducted from employec earnings related to these salaries were $3,254 for CPP, $948 for E1, $7.750 for income taxes. (ii) Concord's employer portions were $3,2$4 for CPP and $1,327 for El for the month. Prepare the journal entries to record the above transactions. (Credit account tilies are automatically indented when the amount is entered. Do not indent manually, If no entry is required, select "No Entry" for the occount tides and enter O for the amounts. List all debit entries before ondit entries. Round anovers to 0 decimat places, es 5,275) ABC Inc earned a gross profit of $340,000 on sales of $1,200,000 during the year. The company also had operating expenses of $180,000. Other expenses included interest expense of $40,000. The company is subject to an effective income tax rate of 30%. What is the company's times interest earned ratio for the year? 4 times 4.5 times 5 times 3.2 times
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