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Current Attempt in Progress On January 1:2022, the ledger of Sunland Company contained these liablilty accounts. During January, the following selected transactions occurred Jan. 1

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Current Attempt in Progress On January 1:2022, the ledger of Sunland Company contained these liablilty accounts. During January, the following selected transactions occurred Jan. 1 Borrowed 518,000 in cash from Apex Bank on a 4. month. 5%,518.000 note 5. Sold merchandise for cashtotaling 55.724 , which includes 6% sales taxes 12 Performed services for customers who had made advance payments of $11.700, (Credit Sorvice Revenue) 14 Paid state treasurers department for sales taxes collected in December 2021. \$8,500. 20 Sold 6%0 units of a naw product on credit at $46 per unit plus 5% sales tax During January the company's employates earned wages of 564,000 . Withholdings related to there wages were 54,896 for 50cla earnines forfederal or state unemployment tas. Assume thet wages earied durive banary will be pald during Februacy No entry hac Journalize the January transactions. (Credit occount titles are automatically indented when amourit is entered. Do not indent manuall). Record joumal entries in the onder presented in the problem. Round answers to neorest whole dollar amount, eg. 5,275.) (To record the interest on outstanding notes pavable) lan31 (To record payros and watholding taves) tan31 To record empioyer's pxriol twes

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