ViewToncies Current Attempt in Progress Cn jacuary 1,2022. the ledeer of Concord Corporation contaired these libility accounts. Durint ianuary the foliswing telected transactions occurred. Ian Rorrowed 522.800 in cash from Apex Bank on a 3-month, 5%,522.800 note. 5 Sold merchandise for cash totaline $5,618, which inctudes 65 sales taxes. 12. Performed services for customers who had made advance payenents of 511,500 . (Credit Service Revenued 14 Paid state ireasuter's department for sales taxes collected in December 2021.57000 20 Sold 600 units of a new product en credit at $48 per unit, plus 6% sales tax, Durine january, the company/s employees earned wages of $56,000. Withholdings related to these wages were $4,214 for FICA. \$4,000 for federal inconve tax and \$1,200 for state income tax. The company owed no money related to these earnings for tedecal or state une-rployment fax. Ascame that wages earred during Jamary will be paid during February. No entry had been recorded for wabes or payroli lax rapense as of January 31. Bate Accoumt Tittes and Enplanatien Debitt \begin{tabular}{|ll} Date Account Titles and Explanation \\ tan,31 & Debit \end{tabular} Co adiunt interest expensel the adjat talatin axi wages espensel an. at 1.Textoook and Media Bhepart the our tent liablities section of the balince dieet at Jarsary 31 , 2022 . Assunce no change in accounts payabie