1- a restaurant made cash sales of $4,000 subject to a 5% sales tax. record the sales and the related tax. also record the payment of the tax to the state.

on october 1, 2014, rhodes company purchased equipment at a cost of $10,000.00, signing a nine-month 8% note payable for that amount. record the october 1 purchase and the adjusting entry needed on december 31, 2014. record the entry for the payment of the note plus interest at maturity on july 1, 2015.

2- closing entries using T-account

title	debit	credit
cash
sales revenue
sales tax payable
sales tax payable
cash
equipment
notes payable
interest expense
interest payable
note payable
interest payable
interest expense
cash

please do 1 and 2