On January 1, 2025, the ledger of Cullumber Compary contained these liability accounts. During January, the follawing salactad transactions occurred. Jan. 1 Borroved $18,000 in cash from, Apex Bank on a 4-month, 5%6,$18,000 nate. 5 Sold merchandise for cash totaling $5,936, which includes 654 sales tavas. 12 Performed services far custamers wha had made advance payments of $12,500. (Credit Service Revenue) 14 Paid state treasurer's department for sales taves collacted in December 2024, $9,100. 20 Sold 750 units of a new product an credit at $54 per unit, plus 693 salss tax. During January, the company's employees earnad wages of $52,000. Withholdings related to thase wages ware $3,978 for FICA, $3,900 for faderal income tax, and $1,706 for state income tax. The company owad no money ralated to these sarnings for faderal or state unemployment tax. Assume that wages earned during January will be paid during February. No entry had besen recorded for wages or payroll tax expense as of January 31 Journalize the January transactions. Omit cost of goods sold sntries. (List all debit entries before credit entries. 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 O for the amounts. Record journal entries in the order presented in the problem. Round answers to nearest whole dollar amount, e. . 5,275. Journalize the adjusting entries at January 31 for the outstanding nate payable and for salaries and wages expense and payroll tax expsnse (List all debit entries before credit entries. Credit account titles are dutomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.] Date Account Titles and Explanation Debit Credit Jan. 31 (To record the interest on outstanding notes payable) Jan. 31 (To record payroll and withhalding taves) Jan. 31 (To record smployar's payroll taxes) Prepars the current liabilities section of the balance shest at January 31, 2025. Assume no changz in Accounts Payable