On January 1, 2022, the ledger of Sunland Company contained these liability accounts.

Accounts Payable		$44,400
Sales Taxes Payable		8,500
Unearned Service Revenue		20,900

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 $5,724, which includes 6% sales taxes.
12		Performed services for customers who had made advance payments of $11,700. (Credit Service Revenue.)
14		Paid state treasurers department for sales taxes collected in December 2021, $8,500.
20		Sold 690 units of a new product on credit at $46 per unit, plus 5% sales tax.

During January, the companys employees earned wages of $64,000. Withholdings related to these wages were $4,896 for Social Security (FICA), $5,614 for federal income tax, and $1,684 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.

Part 2

Journalize the adjusting entries at January 31 for the outstanding note payable and for salaries and wages expense and payroll tax expense.