Problem 10-1A On January 1, 2017, the ledger of Accardo Company contains the following liability accounts. Accounts Payable $56,100 Sales Taxes Payable 7,200 15.800 Unearned Service Revenue During January, the following selected transactions occured. 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.) Paid state revenue department for sales taxes collected in December 2016 ($7,200). 20 Sold 910 units of a new product on credit at $50 per unit, plus 8% sales tax. 21 Borrowed $29,250 from Girard Bank on a 3-month, 8%, $29,250 note. 14 25 Sold merchandise for cash totaling $12,420, which includes 8% sales taxes entered. Do not indent manually. Record journal entries in the order presented bl ry transactions. (Credit account titles are automatically indented when amount i Account Titles and Explanation Date Debit Credit f the balance sheet at January 31, 2017. Assume no change accounts payable. Prepare the current liabilities section Accardo Company Balance Sheet (Partlal)