Problem 10-1A (Part Level Submission) On January 1, 2019, the ledger of Cullumber Company contains the following liability accounts. Accounts Payable Sales Taxes Payable Unearned Service Revenue $50,100 7,000 15,500 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 $10,000. (Credit Service Revenue.) 14 Paid state revenue department for sales taxes collected in December 2018 ($7,000). 20 Sold 800 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. (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.) Date Account Titles and Explanation Debit Credit | Jan. 5 Cash 20520 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.) Date Account Titles and Explanation Debit Credit Jan. 5 Cash 1 Sales Revenue 19000 | Sales Taxes Payable 1520 Jan. 12 - Unearned Service Revenue Service Revenue 10000 14 | Sales Taxes Payable Cash 7000 20 Accounts Receivable | Sales Revenue 40000 Sales Taxes Payable 3200 Jan. 21 cash 500 Notes Payable T Sales Taxes Payable 3200 T Jan. 21 Tcash -2500 | Notes Payable 22500 T Jan. 25 (cash 12 Sales Revenue 11500 Sales Taxes Payable 920 SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM Attempts: 2 of 2 used (b 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 titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Attempts: 2 of 2 used (b 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 titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Attempts: 0 of 2 used SAVE FOR LATER SUBMIT ANSWER (c) The parts of this question must be completed in order. This part will be available when you complete the part above