On January 1, 2022, the ledger of Concord Company contains these liability accounts. Accounts Payable $54,000 Sales Taxes Payable 7,100 Unearned Service Revenue 16,500 During January, these 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 2021 ($7,100). 20 Sold 900 units of a new product on credit at $50 per unit, plus 8% sales tax. This new product is subject to a 1-year warranty. (a) 21 Borrowed $27,000 from Girard Bank on a 3-month, 8%, $27,000 note. 25 Sold merchandise for cash totaling $9,396, which includes 8% sales taxes. Your answer is partially correct. 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.) late Account Titles and Explanation 5 Cash Sales Revenue Sales Taxes Payable Debit 19000 1520 12 Unearned Service Revenue 10500 Service Revenue 14 Sales Taxes Payable 7100 20 Accounts Receivable 45000 Sales Revenue Sales Taxes Payable 3600 21 Cash Notes Payable 25 Cash Sales Revenue Sales Taxes Payable 27000 8700 696 Credit 19000 10500 45000 27000 8700