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Question 2 of 11 < Current Attempt in Progress On January 1.2022, the ledger of Blossom Company contamed these lability accounts Accounts Payable $44,800
Question 2 of 11 < Current Attempt in Progress On January 1.2022, the ledger of Blossom Company contamed these lability accounts Accounts Payable $44,800 900 Unearned Service Revenue 21.300 Sales Taxes Payable During January the following selected transactions occurred Jan. 1 Borrowed $18.000 in cash from Apex Bank on a 4-month 5% $18.000 3 Sold merchandise for cash totaling $6.466, which includes 12 Performed services for customers who had made advance payments of $13.800 Credit Service Revenue 14 Paid state treasurer's department for sales taxes collected in December 2021, $6,900 20 Sold 750 units of a new product on credit at $45 per unit, phun 6% sales tax During January the company's employees earned wages of $56.000. Withholdings related to these wages were $4,284 for Social Security (FICA) $5.593 for federal income tax, and $1.678 for state income tax. The company owed no money related to these eamings for federal or state unemployment tax Assume that wages earned during January will be paid during February. No entry had been recorded for wages or payroll tax expense as of January 31.
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