On January 1, 2021, the lediger of Accardo Company contains the following liability accounts Accounts Payable HST Payable Unearned Revenue $52,000 7,700 16,000 During January, the following selected transactions occurred Jan 2 Borrowed $27.000 from Canada Bank on a three month, 6%. $27,000 note 5 Sold merchandise for cash totalling $20.500 plus 13% HST. Ignore any cost of goods sold entry 12 Performed services for customers who had made advance payments at $10,000 The payment included HST of $1.151 Credit Service Revenue) 14 Pald Receiver General for HST invoiced in December 2020 $7,700 20 Sold 900 units of a new product on credit at 550 per unit plus 13% HST This new product is subject to a one-year warranty 25 Sold merchandise for cash totalling $12.500 plus 13% HST Journalize the January transactions (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required select "No Entry for the account the amounts. Record journal entries in the order presented in the problem and enter for Date Account Titles and Explanation Debit Credit Jan 5 Jan 20 Jan 31 - O Type here to search BAENG 15-01-2008 of sales of the new product sold Journalize the adjusting entries at January 31 for () the outstanding notes payable, and (2) estimated warranty liability, assuming warranty costs are expected to equal January 20. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account tid No. Date Account Titles and Explanation (1) Jan 31 (To accrue interest expense.) (2) Jan 31 LOER Rwanty pense Current Assets Total Intangible Assets Total Assets Property. Plant and Equipment Lone-Term Llabilities Total Stockholders Equity Current Liabilities Lone Terminvestments Total Current Assets Intangible Assets Stockholders Equity Total Property. Plantand Equipment TotalCurrent Total Long Terminvest Total Lates Tot e s and Stached Total Long Term Liabilities balance sheet at January 31, 2021 Assume no change DOMPANY ance Sheet Prepare the current liabilities section of the balance sheet at January 31, 2021. Assume no change in accounts payable ACCARDO COMPANY (Partial) Balance Sheet Total Liabilities and Stockholders Equity Total Current Liabilities Tonal Total Liabilities Current Asset Total Long Term Liability LOT. Tenn Llabilities Stockholders Equity Total Stockholders Equity Property Plant and Equipment Total Current Asset tangible ALLE Total Long-Terminvestments Tottens Total Property Plant and Equipment Current Liabins Long-Terrestants Attempts united Synced to Gacebook A s Los ACEE-Da bo