Journalize the January transactions

On January 1,2025 , the ledger of Crane 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 $7.102, which includes 6% sales taves: 12 Performed services for customers who had made advance payments of $11,400. (Credit Service Revenue) 14 Paid state treasurer's department for sales taxes collected in December 2024,\$7,900. 20 Sold 630 units of a new product on credit at $50 per unit, plus 6% sales tax. During Jamuary the company's employees earned wages of $92,000. Withholdings related to these wages were $7,038 for FICA. $5,557 for federal income tax, and $1,667 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 payroli tax expense as of January 31