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Check my work 3 Part 2 of 2 Required information The following formation applies to the questions displayed below) 1. On July 15, Piper Company

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Check my work 3 Part 2 of 2 Required information The following formation applies to the questions displayed below) 1. On July 15, Piper Company sold $29,000 of merchandise (costing $14,500) 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 $870 cash. On November 20, the Bucks played the first game of the six game pack (this represented one-sixth of the advance ticket sales). 10 points ferences Analyze each separate transaction by showing its effects on the accounting equation-specifically, identify the occounts and amounts (including + or -) for each transaction (Enter all amounts as positive values.) Date Assets Llabilities July 16 July 15 August 1 November 3 November 20 perating cyde Identify the -term lability or Nift is not a in 6 to 11 months. Employee

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