31 The following selected transactions relate to liabilities of Interstate Farm Implements for December of 2018. Interstate's fiscal year ends on December 31. Required: Prepare the appropriate journal entries for these transactions. 1. On December 15, received $8,000 from Bradley Farms toward the purchase of a $104,000 tractor to be delivered on January 6, 2019. 2. During December, received $37,000 of refundable deposits relating to containers used to transport equipment parts. 3. During December, credit sales totaled $916,000. The state sales tax rate is 5% and the local sales tax rate is 2%. (This is a summary journal entry for the many individual sales transactions for the period.) points 8 02:26:59 (For all requirements, if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 3 Record on December 15, received $8,000 from Bradley Farms toward the purchase of a $104,000 tractor to be delivered on January 6, 2019. Note: Enter debits before credits. Event General Journal Debit Credit Record entry Clear entry View general journal