Problem 10-01A (Part Level Submission) On January 1, 2022, the ledger of Cullumber Company contained these liability accounts. Account Ses The Payable Uncamed Service Revenue 6900 During January, the following selected transactions occurred. jan. Borrowed $18,000 in cash from Apex Bank on a 4-month, 5%, $18,000 note. Sold merchandise for cash totaling $5,512, which includes 6% sales taxes. Performed services for customers who had made advance payments of $11,800. (Credit Service Revenue.) Paid state treasurer's department for sales taxes collected in December 2021, $6,900. Sold 530 units of a new product on credit at $50 per unit, plus 6% sales tax. During January, the company's employees earned wages of $72,000. Withholdings related to these wages were $5,508 for Social Security (FICA), $5,050 for federal income tax, and $1,515 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. (a) Your answer is correct. Journalize the January transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Round answers to nearest whole dollar amount, e.g. 5,275.) Tash At ThedExpl Jan. 1 Cash Notes Payable san, s ash Sales Revenue Sales Taxes Payable 12 neared Service Revenue an. 14 Service Revenue Sales Tres Payable I Cash Accounts Receivable Tan. 20 Sales Revenue Ses Tees Payable SHOW UST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 1 of 3 used (b) Journalize the adjusting entries at January 31 for the outstanding note payable and for salaries and wages expense and payroll tax expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Ac t ies and Explanati (To record the interest on outstanding notes payable.) (To record payroll and withholding taxes.) (To record employer's payroll taxes.) SHOW UST OF ACCOUNTS LINK TO TEXT