1. On July 15. Piper Company sold $19.000 of merchandise (costing $9,500 ) for cash. The sales tax rate is 4% On August 1, Piper sent the sales tax collected from the sale to the government. 2. On November 3, the Milwaukee Bucks sold a six-game'pack of advance tickets for $570 cash. On November 20. the Bucks played the first game of the six-game pack (this represented one-sinth of the advance ticket sales), Exercise 9-2 (Algo) Recording known current liabilities LO C2 1. Record entries for the July 15 and August 1 transactions. 2. Record the entries for the November 3 and November 20 transactions. 1 Record the entry for cash soles and its sales taxies. 2. Record the cost of merchandise. 2. Rocord the sending of sales taxes to the government. 4. Record the sale of advance tickats. 5 Ancord the revenue earnit from sele of vickets