During January, the following selected transactions occurred. Jan 1 Borrowed $18,000 in cash from Apex Bank on a 4-month, 5%,$18,000 note. 5 Sold merchandise for cash totaling $5,512, which includes 6% sales taxes. 12 Performed services for customers who had made advance payments of $11,800. (Credit Service Revenue.) 14 Paid state treasurer's department for sales taxes collected in December 2024, $6,900. 20 Sold 530 units of a new product on credit at $50 per unit, plus 6% sales tax. During January, the company's employees earned wages of $72,000. Withholdings related to these wages were $5,508 for FICA $5,050 for federal income tax, and $1,515 for state income tax. The company owed no money related to these earnings for federal or state unemployment tax. Assume that wages earned during January will be paid during February. No entry had been recorded for wages or payroll tax expense as of January 31. (To record payroll and withholding taxes) Jan31 (To record employer's payroll taxes) eTextbookand Media List of Accounts Journalize the adjusting entries at January 31 for the outstanding note payable and for salaries and wages expense and payroll fax expense. flist alf debit entrles before credlt entrles. Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) On January 1,2025, the ledger of Cullumber Company contained these liability accounts. During January, the following selected transactions occurred. Jan. 1 Borrowed $18,000 in cash from Apex Bank on a 4-month, 5\%, $18,000 note. 5 Sold merchandise for cash totaling $5,512, which includes 6% sales taxes. 12 Performed services for customers who had made advance payments of $11,800. (Credit Service Revenue.) 14 Paid state treasurer's department for sales taxes collected in December 2024,$6,900. 20 Sold 530 units of a new product on credit at $50 per unit, plus 6% sales tax