On January $1,2025,$ the ledger of Pharoah Company contained these liability accounts.

Accounts Payable

$$43,100$

Sales Taxes Payable

$7\mathrm{.}200$

Unearned Service Revenue

$19,600$

During January, the following selected transactions occurned.

Jan. $1$ Borrowed $$18,000$ incash from Apex Bankona $4-$month $5\%,$$$18,000$ note

$5$ Sold merchandise for cash totaling $$7,420,$ whichincludes $6\%$ sales taxes.

$12$ Performed services for customers who had madeadvance payments of $$11,100.($Credit Service Revenue$)$

$14.$ Paid state treasurer's departrent for sales texes collected in December $2024,$$$7,200.$

$20$ Sold $560$ units of a new product on credit at $$49$ perunit. plus $5\%$ sales tax

During January, the company's emplovees earned wages of $$78,000$ with oldings related to these wages were $$5\mathrm{.}967$ for FiCA. $$5\mathrm{.}236$ for federal income tax and $$1\mathrm{.}571$ for state income tax. The company owed no money related to these earnings for federal or state unemoloyment tax. Assume that wages earned during lanury will be paid during February. No entry had been recorded for wages or payroll tax expense as of January $31.$

$($a$)$

Journalize the January transactions. Omit cost of goods sold entries. $($List all debit entries before credit entries. Credit account titles are outomatically indented when arount is entered. Do not indent manualli, if no entry is required, select $"$No Entry" far the account titles and enter $0$ for the amounts Record journal entries in the onder presented in the problem. Round answers to nearest whole dollar omount, e$\mathrm{.}3\mathrm{.}5\mathrm{.}275.)$

Debit

Credit