On January 1,2020, the ledger of Sunland Company contains the following liability accounts. During January, the following selected transactions occurred. Jan. Sold merchandise for cash totaling $20,520, which includes 8% sales taxes. 5 12 Performed services for customers who had made advance payments of $12,000. (Credit Service Revenue.) 14 Paid state revenue department for sales taxes collected in December 2019($9,000). 20 Sold 960 units of a new product on credit at $50 per unit, plus 8% sales tax. 21 Borrowed $24,750 from Girard Bank on a 3-month, 8%,$24,750 note. 25 Sold merchandise for cash totaling $12,420, which includes 8% sales taxes. Question 4 of 6 Cash 9000 Accounts Receivable Sales Revenue Sales Taxes Payable Jan. 21 Cash 24750 Notes Payable 24750 12420 Sales Revenue Sales Taves Payable