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Or January 1. 2022, the ledger of Crane Company contains these liability accounts. During January, these selected transactions occurred. Jan. 5 Sold merchandise for cash

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Or January 1. 2022, the ledger of Crane Company contains these liability accounts. During January, these selected transactions occurred. Jan. 5 Sold merchandise for cash totaling $20,520, which includes 8% sales taxes. 12. Performed services for customers who had made advance payments of $11,000, (Credit Service Revenue.) 14 Paid state revenue department for sales taxes collected in December 2021($7,400). 20. Sold 900 units of a new product on credit at $50 per unit, plus 8% sales tax. This new product is subject to a 1 year warranty 21. Borrowed $24,750 from Girard Bank on a 3-month, 8%,$24,750 note. 25. Sold merchandise for cash totaling $8.208, which includes 8% sales taxes, Journalize the January transactions. (Credit account titles are outomatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

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