Problem 10-1A On January 1, 2017, the ledger of Accardo Company contains the following liability accounts. Accounts Payable Sales Taxes Payable Unearned Service Revenue $56,000 8,800 16,100 During January, the following selected transactions occurred. Sold merchandise for cash totaling S20,S20, which includes 8% sales taxes. 12 Performed services for customers who had made advance payments of $11,500. (Credit Service Revenue.) 14 Paid state revenue department for sales taxes collected in December 2016 ($8,800). 20 sold 900 units of a new product on credit at $50 per unit, plus 8% sales tax. 21 Borrowed $22,500 from Girard Bank on a 3-month, 8%, $22,500 note 25 Sold merchandise for cash totaling $12,420, which includes 8% sales taxes. Jan. S