Problem 10-1A (Part Level Submission) On January 1, 2017, the ledger of Accardo Company contains the following liability accounts. Accounts Payable Sales Taxes Payable Unearned Service Revenue $56,200 7,700 16,200 During January, the following 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 $11,000. (Credit Service Revenue.) 14 Paid state revenue department for sales taxes collected in December 2016 ($7,700) 20 sold 990 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 25 Sold merchandise for cash totaling $12,420, which includes 8% sales taxes