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1. On July 15, Piper Co. sold $28.000 of merchandise (costing $14,000) for cash. The sales tax rate is 5%. On August 1, Piper sent

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1. On July 15, Piper Co. sold $28.000 of merchandise (costing $14,000) for cash. The sales tax rate is 5%. On August 1, Piper 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 Milwaukee Bucks sold a six game pack of advance tickets for $840 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 ilm 2 > 3 4 5 Record the entry for cash sales and its sales taxes. Note: Enter dcbits before credits. Date General Journal Debit Credit Jul 15 Journal entry worksheet > 3 5 Record the cost of merchandise. Note: Enter debits before credits Debit Credit General Journal Date Jul 15 View general journal Record the sending of sales taxes to the government. Note: Enter debits before credits Date General Journal Debit Credit Aug 01 1 2 3 5 Record the sales in advance of games. Note: Enter debits before credits. Date General Journal Debit Credit Nov 03 Record entry Clear entry View general laual

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