1. On July 15, Frulta Co, sold $24,000 of merchandise (costing $12,000 ) for cash. The sales tax rate is 4%. On August 1 , Frulta sent the sales tax collected from the sale to the government. Record entries for the July 15 and August 1 transactions. 2 On November 3, the Bolder Bucks sold a six game pack of advance tickets for $720 cash. On November 20 , the Bucks played the first game of the six game pack (this represented one sixth of the advance ticket sales). Record the entries for the November 3 and November 20 transactions. Journal entry worksheet Record the entry for cash sales and its sales taxes. Note: Enter debits before credits