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Problemas On January 1, 2017, Wildhorse Co.'s accounting records contained the liably counts Accounts Payable 543.600 Sales Taxes Payable 7,150 Uneared Service Revenue 20,100 During

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Problemas On January 1, 2017, Wildhorse Co.'s accounting records contained the liably counts Accounts Payable 543.600 Sales Taxes Payable 7,150 Uneared Service Revenue 20,100 During January, the following selected transactions occurred, Jan. 1 Borrowed $18,000 in cash from Apex Bonk on a 4-month, 54, 518,000 note S Sold merchandise for cash totaling $6,890, which includes 6% sales taxes 12 Performed services for customers who had made advance payments of $10,000 (Record Service 14 Paid state treasurer's department for sales taxes collected in December 2016. 57.150 20 Sold 610 units of a new product on credit at $54 per unit, plus 6% sales tax During January, the company's employees earned wages of $73,200. Withholdings related to these wages were 55.600 for freol Secury), s.29 de retos: earned during January will be paid during February, Wages or payroll tax expense hawe not been recorded as of lanuary 31 Prepare a tabular summary to record the January transactions and the adjustments on any for the standing stated the sad wapo front of the amount entered for the particular Asset, Liability or Equity item thuat was reduced. Round answers to decimal Listilities Assets redlar Taur Sales Taxes Pay. + FICATE Pay Salaries Wages Pay thearned Serv. Rev. Interest Pay Acct. Pay + Notes Pay. Cash Accts. Rec. Jo for SOA Security PICA). 55.220 for federal income tax and $1.500 for state come tax. The compone no momented to themelore comment come that by 31 bi note payable and the sales and ages expertise and Davroll tax expenses. (a transaction causes a decrease in Assets, inities or Stockhors que a coatives for parenthe wers to decimal places, >75) Liabilities Stockholders Tanity Retained langs Sales Taxes Pay. Capital Common Stock FICA Laxes Pay. Ted, Inc Taxes Pay. Si. Inc. Taxes State Une Pay. Taxes Pay Interest Pay Dividend Revenue FRINGI Cash + AccesRec Sales Waves Pay Ved the Notes Pay Uncanned Serv. Hey Act Pay. Pay wy Hal Jan! Jans Jan. 12 Jan. 14 Jan 20 Adi Jan 31 Jan. 31 Jan. 31 Bal + CALATON Fed. In FREEN Pay FICA Taxes Pay. Interest Pay St. Inc, Tanes, State Unemp.. Pay. Taxes Pay Common Stock Reve Divinil (Round answers to decimal places ca. 5775.) Prepare the current liabilities section of the balance sheet at January 31, 2017. Assume no change in Accounts Payable. (Hound answers to decimales) WILDHORSE CO. Balance Sheet (Partial)

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