Problem 11-1A On January 1, 2017, the ledger of Accardo Company contains the following by accounts Accounts Payable $53,500 Sales Taxes Payable 7.500 Uneared Service Revenue 15,500 During January, the following selected transactions occurred Jan 5 Sold merchandise for cash totaling $19,872, which includes 0% sales 12 Performed services for customers who had made advance payments of $10.000 Credit Service Raven ) 14 Paid state revenue department for sales taxes collected in December 2016 (57001 20 Sold 900 units of a new product on credit $50 per unit plus et This new product is subject to a 1-year warranty 21 Borrowed $29.250 from Grand Bank on a month. 04.529.250 note 25 Sold merchandise for cash totaling $11.988, which includes taxes Journalize the January transactions. (Credit account titles are automatically indeed when amount is entered. Do not inden many order presented in the problem.) card journal entries in Date Account Titles and Explanation Debut Activate Windows orende C Aed & LINK TO TEXT LINK TO TEXT VIDEOS HILAR OLEH Journaze the adjusting entries at January 31 for (1) the outstanding notes payable and 2) estimated wata w of sales of the new product in: Use one-third of a month for the Grand Banknote (Credeacon es are automatically indent manually. Record journal entries in the order presented in the problem.) artete t t and when amount is entered Date Account Titles and Explanation Debit Credit LINE TO TEXT LINK TO TEXT VIDEO SIMILAR PROBLEM Activate Windows ed y BN LINK TO TEXT LINK TO TEXT VIDEO: SEMILAR PROBLEM Prepare the current liabilities section of the balance sheet at January 31, 2017. Assume no change in accounts payable Accardo Company Balance Sheet (Partial) For the Year Ended January 31, 2017 Activate Window