Journalize the January transactions. Omit cost of goods sold entries. (List all debit entries before credit entrles. Credit occount titles are outomatically indented when amount is entered, Do not indent manuaffy, If no entry ls requilrod, select "No Entry" for the occount thles and enter 0 for the amounts. Recond joumal entrles in the order presented in the problem. Round answers to nearest whole dollar amount, cs5,275 ) During January, the company's employees earned wages of $96,000. Withholdings felated to these wages were $7,344 for FiCA. $5,088 for federat income tax, and $1,526 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 experise as of January 31. On January 1,2025, the ledger of Ivanhoe 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 $6,360, which includes 6% sales taxes. 12 Performed services for customers who had made advance payments of $11,000. (Credit Service Revenue.) 14 Paid state treasurer's departinent for sales taxes collected in December 2024, $8,100. 20 Sold 650 units of a new product on credit at $46 per unit, plus 6% sales tax