1. Cash sales for November 2018 were $66,000 plus sales tax of 9 percent. 2. Topeca Supply paid the November sales tax to the state agency on December 10, 2018 3. Cash sales for December 2018 were $82,500 plus sales tax of 9 percent. Assets TOPECA SUPPLY Horizontal Statements Model Stockholder's Equity Income Statement Common Retained Revenue Expense = Net Income Stock Earnings Liabilities Sales Tax Payable Statement of Cash Flows Event Cash 1 2 + 3