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On January 1, 2017, Blossom Company's accounting recordscontained these liability accounts.

Accounts Payable		$44,800
Sales Taxes Payable		7,750
Unearned Service Revenue		21,300

During January, the following selected transactions occurred.

Jan. 1		Borrowed $18,000 in cash from Apex Bank on a 4-month, 5%,$18,000 note.
5		Sold merchandise for cash totaling $6,466, which includes 6%sales taxes.
12		Performed services for customers who had made advance paymentsof $13,800. (Record Service Revenue.)
14		Paid state treasurer’s department for sales taxes collected inDecember 2016, $7,750.
20		Sold 730 units of a new product on credit at $45 per unit, plus6% sales tax.

During January, the company’s employees earned wages of $78,300.Withholdings related to these wages were $5,990 for Social Security(FICA), $5,593 for federal income tax, and $1,678 for state incometax. The company owed no money related to these earnings forfederal or state unemployment tax. Assume that wages earned duringJanuary will be paid during February. Wages or payroll tax expensehave not been recorded as of January 31.

Cash

+

Accts.Rec.

=

Notes Pay.

+

Acct. Pay.

+

Salaries & WagesPay.

+

Unearned Serv.Rev.

+

Sales TaxesPay.

+

InterestPay.

+

FICA TaxesPay.

+

Fed. Inc. TaxesPay.

+

St. Inc. TaxesPay.

+

State Unemp. TaxesPay.

+

CommonStock

+

Revenue

-

Expense

-

Dividend

Bal

Jan 1

Jan 5

Jan 12

Jan 14

Jan 20 Adj.

Jan 31

Jan 31

Jan 31

Bal