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On January 1,2020, the ledger of Crane Company contains the following liability accounts. During January, the following selected transactions occurred Jan. Sold merchandise for cash

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On January 1,2020, the ledger of Crane Company contains the following liability accounts. During January, the following selected transactions occurred Jan. Sold merchandise for cash totaling $20,520, which includes 89 sales taves. 5 12. Performed services for customers who had made advance payinents of $11,000. (Credit Service Revenue.) 14 Paid state revenue department for sales taxes collected in December 2019($7,400). 20 Sold 900 units of a new product on credit at $50 per unit. plus 8W sales tax. This new product is subject to a 1 -year warranty. 21. Borrowed $24,750 from Girard Bank on a 3-month, 89, $24,750 note. 25 Sold merchandise for cash totaling $8.208, which includes 8% sales taxes 3ules forewer sqien tiens porable Uneamed Service Rermat Cash Gules Tanes Pwable. Cith Arcesinta Hoccinable Sil himenue Sules Tanes Payalle Cank: Cmi1 Malei interise

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