On January 1, 2022, the ledger of Blossom Company contained these liability accounts. Accounts Payable Sales Taxes Payable Unearned Service Revenue Jan. 1 During January, the following selected transactions occurred. 5 12 14 $43,700 7,800 20 20,200 Borrowed $18,000 in cash from Apex Bank on a 4-month, 5%, $18,000 note. Sold merchandise for cash totaling $6,678, which includes 6% sales taxes. Performed services for customers who had made advance payments of $12,300. (Credit Service Revenue.) Paid state treasurer's department for sales taxes collected in December 2021, $7,800. Sold 620 units of a new product on credit at $45 per unit, plus 6% sales tax. During January, the company's employees earned wages of $90,000. Withholdings related to these wages were $6,885 for Social Security (FICA), $5,679 for federal income tax, and $1,704 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.

On January 1, 2022, the ledger of Blossom 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%,518,000 note. 5 Sold merchandise for cash totaline $6,679, which includes 64 sales taxes. 12. Performed services for customers who had made advance payments of $12,300. (Credit Service Revenue] 14 Paid state treasurer's department for sales tames collected in December 2021, $7,800 20 Sold 620 units of a new product on credit at $45 per unit, plus 6% sales tax. During January, the company's employees earned wages of $90,000. Withholdings related to these wages were $6,885 for $0cial Security (FICA), $5,679 for federal income tax, and \$1,704 for state income tax. The company owed no money related to these earnings for federat or state unemployment tax. Assume that wages earned during January witl be paid during February No entiy had been recorded for wages or payroll tax expense as of January 31. On January 1, 2022, the ledger of Blossom Compamy 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 cach totaline $6.678 with includes 6% sales taves. 12 Performed services for customers who had made advance payments of $12,300. (Credit Service Revenue) 14 Paid state treasurer's department for sales taxes collected in December 2021, $7,800. 20 Sold 620 units of a new product on credit at $45 mer unit. plus 6% sales tax. During January, the companys employees earned wages of $90,000. Withholdings related to these wages were $6,885 for $ ocial Security (FICA), $5,679 for federal income tax, and $1,704 for state income tax. The company owed no money related to these earnings for federal or state unemployment tax. Assume that wages earned during Janoary will be psid during february. No entry had been recorded for wages or payroll tax expense as of January 31