Problem 11-1A On January 1, 2017, the ledger of Accardo Company contains the following liability accounts Accounts Payable Sales Taxes Payable Unearned Service Revenue $57,000 8,500 16,000 During January, the following selected transactions occurred. Jan. 5 12 14 20 21 25 Sold merchandise for cash totaling $20,952, which indudes 8% sales taxes. Performed services for customers who had made advance payments of $10,500. (Credit Service Revenue.) Paid state revenue department for sales taxes collected in December 2016 ($8,500). 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. Borrowed $24,750 from Girard Bank on a 3-month, 8%, $24,750 note. Sold merchandise for cash totaling $12,852, which indudes 8% sales taxes