Assignment 2 P13.2 Listed below are selected transactions of Schultz Department Store for the current year ending December 31. 1. On December 5, the store received 500 from the Jackson Players as a deposit to be returned after certain furniture to be used in stage production is returned on January 15. 2. During December, cash sales totaled 798,000, which includes the 5% VAT that must be remitted to the tax authority by the fifteenth day of the following month. 3. On December 10, the store purchased for cash three delivery trucks for 120,000. The trucks were purchased in a jurisdiction that applies a 5% VAT. Instructions Prepare all the journal entries necessary to record the transactions noted above as they occurred