$($a$)$ Journalize the January transactions. $($Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.$)$

$($b$)$ Journalize the adjusting entries at January $31$ for $(1)$ the outstanding notes payable, and $(2)$ estimated warranty liability, assuming warranty costs are expected to equal $7\%$ of sales of the new product. $($Hint: Use one$-$third of a month for the Girard Bank note.$)($Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.$)$

$($c$)$ Prepare the current liabilities section of the balance sheet at January $31,2022.$ Assume no change in accounts payable.