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  3. 5 sold merchandise for cash totaling $5,512, which

5 Sold merchandise for cash totaling $5,512, which includes 6% sales taxes. 12...

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Accounting

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 2024, $6,900.
20 Sold 530 units of a new product on credit at $50 per unit, plus 6% sales tax,
During January, the company's employees earned wages of $72,000. Withholdings related to these wages were $5,508 for FICA.
$5,050 for federal income tax, and $1,515 for state income tax. The company owed no money related to these earnings for federal or
state unemployment tax. Assume that wages earned during January will be paid during February. No entry had been recorded for
wages or payroll tax expense as of January 31.

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