Prepare the current liabilities section of the balance sheet at January 31,2022. Assume no change in accounts payable. Vaughn Company Balance Sheet (Partial) Date Account Titles and Explanation InteretExpense eTextbook and Media List of Accounts Record journal entries in the order presented in the problem) tan21 Cost: 22500 Notes Payable 22500 san25 Cosh 8532 Sales Revenue 7900 Sales Taxes Payabie 632 eTextbook and Media Assistance Used List of Accounts Attempts: 2 of 3 used On January 1,2022, the ledger of Vaughn 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 $10,500. (Credit Service Revenue) 14 Paid state revenue department for sales tawes collected in December 2021($8,100). 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 $22,500 from Girard Eank on a 3-month, 8\%, $22,500 note. 25 Sold merchandise for cash totaling $8,532, which includes 8% sales taxes