On January 1, 2017, the ledger of Accardo Company contains the following liability accounts. During January, the following selected transactions occurred. Jan. 5 Sold merchandise for cash totaling $20,520, which includes 8% sales taxes. 12 Performed services for customers who had made advance payments of $10,500. (Credit Service Revenue.] 14 Paid state revenue department for sales taxes collected in December 2016 ($8,000). 20 Sold 1,000 units of a new product on credit at $50 per unit, plus 8% sales tax. 21 Borrowed $31,500 from Girard Bank on a 3-month, 8%, $31,500 note. 25 Sold merchandise for cash totaling $12,420, which includes 8% sales taxes. 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.) On January 1, 2017, the ledger of Accardo Company contains the following liability accounts. During January, the following selected transactions occurred. Jan. 5 Sold merchandise for cash totaling $20,520, which includes 8% sales taxes. 12 Performed services for customers who had made advance payments of $10,500. (Credit Service Revenue.] 14 Paid state revenue department for sales taxes collected in December 2016 ($8,000). 20 Sold 1,000 units of a new product on credit at $50 per unit, plus 8% sales tax. 21 Borrowed $31,500 from Girard Bank on a 3-month, 8%, $31,500 note. 25 Sold merchandise for cash totaling $12,420, which includes 8% sales taxes. 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.)