On January 1, 2025, the ledger of Ivanhoe 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 $44,000 8,100 20 20,500 Borrowed $18,000 in cash from Apex Bank on a 4-month, 1, $18,000 note. Sold merchandise for cash totaling $6,360, which includes 6% sales taxes. Performed services for customers who had made advance payments of $11,000. (Credit Service Revenue.) Paid state treasurer's department for sales taxes collected in December 2024, $8,100. Sold 650 units of a new product on credit at $46 per unit, plus 6% sales tax. During January, the company's employees earned wages of $96,000. Withholdings related to these wages were $7,344 for FICA, $5,086 for federal income tax, and $1,526 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.

Onisnuary 1, 2025, the ledger of lvanhoe Company contained these liabitity accounts. During January, the following selected transactions occurred. Jan. 1 Borrowed $18,000 in cash from Apex Bank on a 4-month, 9$,$18,000 note. 5. Sold merchandise for cash totaline: $6,360, which includes 68 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 2024,58,100. 20 Sold 650 units of a new product on credit at $46 per unit, plus 68 sales the. During January, the company's employees earned wages of $96,000. Withholdings related to these wages were 57,344 for FiCA $5,086 for federal income tax, and $1,$26 for state income tax. The company owed no money related to these earnings for federal or wages or payroll tax expense as of January 31. Journalize the adjusting entries at January 31 for the outstanding note payable and for salaries and wages expense and payroll tax oxpence. (List all debit entries before credit entries. Oedit account titles are automatically indented when anount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter o for the amounts)