On January 1,2014, the ledger of Hiatt Company contained these liability accounts. Accounts Payable $42,500 Sales Taxes Payable 6,600 Unearned Service Revenue 19,000 During January, the following selected transactions occurred. Jan. 1 Borrowed $18,000 in cash from Premier Bank on a 4-month, 5%, $18,000 note. 5 Sold merchandise for cash totaling $6,254, which includes 6% sales taxes. 12 Performed services for customers who had made advance payments of $10,000. (Credit Service Revenue.) 14 Paid state treasurer's department for sales taxes collected in December 2013, $6,600. 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 $70,000. Withholdings related to these wages were $5, 355 for Social Security (FICA), $5,000 for federal income tax, and $1,500 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. Journalize the adjusting entries at January 31 the outstanding note payable and for salaries and wages expense and payroll tax expense. (credit account titles are automatically indented amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit (To record the interest on outstanding notes payable.) (To record payroll and withholding taxes.) (To record employer's payroll taxes.)