Problem 11-01A a-c (Video) On January 1, 2020, the ledger of Bramble Company contains the following liability accounts. Accounts Payable $51,000 Sales Taxes Payable 9,000 Unearned Service Revenue 16,500 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 2019 ($9,000). 20 Sold 900 units of a new product on credit at $50 per unit, plus 8% sales tax. This new product is subject to a 1-year warranty. 21 Borrowed $27,000 from Girard Bank on a 3-month, 8%, $27,000 note. 25 Sold merchandise for cash totaling $9,828, which includes 8% sales taxes. Your answer is partially correct. Try again. 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 Credit Account Titles and Explanation Cash 20% Sales Revenue 19000 Sales Taxes Payable 15201 Jan. 12 Unearned Service Revenue unear Service Revenue 10000 Jan. 14 Sales Taxes Payable 9000 TCash 9000 Jan. 20 Accounts Receivable 20 Sales Revenue 45000 Sales Taxes Payable PELEZOBOZBOLELLE 3600 Jan 21 cash Notes Payable LE Jan. 25 cash 2 Sales Revenue 9100 VL Sales Taxes Payable T 728 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Your answer is partially correct. Try again. Journalize the adjusting entries at January 31 for (1) the outstanding notes payable, and (2) estimated warranty liability, assuming warranty costs are expected to equal 7% of sales of the new product. (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. Record journal entries in the order presented in the problem.) No. Date Account Titles and Explanation Debit Credit 1. Jan. 31 2. Jan. 31 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT x Your answer is incorrect. Try again. Prepare the current liabilities section of the balance sheet at January 31, 2020. Assume no change in accounts payable. Bramble Company Balance Sheet (Partial) Ildildi Click if you would like to Show Work for this question: Open Show Work