On January 1, 2022, the ledger of Wildhorse Co. contained these liability accounts. During January, the following selected transactions occurred. Jan. 1 Borrowed $25,200 in cash from Apex Bank on a 4-month, 5%,$25,200 note. Interest will be paid at maturity. 5 Sold merchandise for cash totaling $6,996, which includes 6% sales taxes. 12 Performed services for customers who had made advance payments of $11,000. (Credit Service Revenue.) 14 Paid state treasurer's department for sales taxes collected in December 2021, $8,580. 20 Sold 500 units of a new product on credit at $48 per unit, plus 6% sales tax. During January, the company's employees earned wages of $50,000. Withholdings related to these wages were $3,825 for FICA, $3,550 for federal income tax, and $1,050 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. (a) (b). Journalize the adjusting entries at January 31 for the outstanding note payable and for salaries and wages expense and payroll tax expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)