Current Attempt In Progress On January 2, 2025, the ledger of Sandhill Co. contalned these llability accounts. During January, the following selected transactions occurred. Jan. 1 Borrowed $28,000 in cash from Apex Bank on a 4-month, 5%,$18,000 note. 5 Sold merchandlet for cash totalling 56,300 , whlch includes 6$5 alet taves 12 Performed services for customers who had made advance payments of 513,000 . (Credit Service Revenue) 14 Pald state treaturar's department for salet tanes collected in December 2024.58700 20 Sold 720 unlts of a new product on credit at $54 per unlt, plus 5$ s sales tax During January, the company's employees eamed wages of $60,000. Withholdinger related to these wages were $4.590 for ficA. $4.300 for federal income tax and $1.560 for state income tax. The company owed no money related to these earnings for federal or state unemployment tax. Ausume that wages earned during lanuary witl be pald during February No entry had beten recorded for waget or payroli tax expense as of January 31. Journallze the adjusting entrles at January 31 for the outstanding note payable and for salarles and wages expense and payroll tax expense. (List all debit entries before credit entries. Credit account titles ore outomaticallv indented when amnunt kentumit. On mnt indent m Current Attempt In Progress On January 2, 2025, the ledger of Sandhill Co. contalned these llability accounts. During January, the following selected transactions occurred. Jan. 1 Borrowed $28,000 in cash from Apex Bank on a 4-month, 5%,$18,000 note. 5 Sold merchandlet for cash totalling 56,300 , whlch includes 6$5 alet taves 12 Performed services for customers who had made advance payments of 513,000 . (Credit Service Revenue) 14 Pald state treaturar's department for salet tanes collected in December 2024.58700 20 Sold 720 unlts of a new product on credit at $54 per unlt, plus 5$ s sales tax During January, the company's employees eamed wages of $60,000. Withholdinger related to these wages were $4.590 for ficA. $4.300 for federal income tax and $1.560 for state income tax. The company owed no money related to these earnings for federal or state unemployment tax. Ausume that wages earned during lanuary witl be pald during February No entry had beten recorded for waget or payroli tax expense as of January 31. Journallze the adjusting entrles at January 31 for the outstanding note payable and for salarles and wages expense and payroll tax expense. (List all debit entries before credit entries. Credit account titles ore outomaticallv indented when amnunt kentumit. On mnt indent m