Problem 10-1A On January 1, 2019, the ledger of Sheridan Company contains the following liability accounts. Acceunts Payable 56,100 During January, the following selected transactions occurred. s Sold merchandise for cash totaling $20,520, which includes 8% sales 12 Performed services for customers who had made advance payments of 4 Paid state revenue department for sales taxes collected in December 20 sold 900 units of a new product on credit at $50 per unit, plus 896 taxes $10,000. (Credit Service Revenue.) 2018 ($7,300) sales tax Borrowed $22,500 from Girard Bank on a 3-month, 8%, $22,500 note. Sold merchandise for cash totaling $12,420, which includes 8% sales 21 25 taxes. 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.) Journalize the adjusting entry at January 31 for the outstanding note payable. (Hint: Use one-third of a month for the Girard Bank note.) (Credit account tities are automatically indented when amount is entered. Do not indent manually.)