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Required information [The following information sppses to the questions displiyed below) 1. On July 15, Preer Company sold $25,000 of merchandise (costing \$12,500) for cash. The sales tay rale is 54 On Auguat 1, Piper sent the sales tax collected from the sale to the govetrment. 2. On Novernter 3, the Mi waukee Buchs sold as tik-game pack of advance lickets for 3750 cash. On November 20. Anaye asch sepacate tansaction by shawing its effects on the Accounting equation-specifcally identidy the accourts and amounts (inctiveng + of m for each tiransactien Notei Enier all amounte as pesitive values