Problem 10-1A (Part Level Submission) On January 1, 2017, the ledger of Suntand company contained these liability accounts. Accounts Payable $43,300 Sales Taxes Payable 7,000 Unearned Service Revenue 19,800 During January, the following selected transactions occurred. Jan. 1 Borrowed $18,000 in cash from Apex Bank on a 4-month, 5%, 518,000 note. 5 Sold merchandise for cash totaling $5,512, which includes 6% sales taxes. 12 Performed services for customers who had made advance payments of $11,800. (Credit Service Revenue.) 14 Paid state treasurer's department for sales taxes collected in December 2016, $7,000, 20 Sold 580 units of a new product on credit at $48 per unit, plus 6% sales tax During January, the company's employees carned wages of $70,000. Withholdings related to these wages were $5,416 for Social Security (FICA), $5,057 for federal income tax, and $1,517 for state income tax. The company owed no money related to these earnings for federal or state unemployment tax. Assume that wages eamed during January will be paid during February. No entry had been recorded for wages or payroll tax expense as of January 31, (b) Journalize the adjusting entries at January 31 for the outstanding note payable and for salaries and wages expense and payroll tax expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Tides and Explanation Debit Credit Jan 31 (To record the interest on outstanding notes payable) Jan. 31 (To record payroll and withholding taxes.) Jan. 31 (To record employer's payroll taxes.)