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O Required information [The following information applies to the questions displayed below.] 1. On July 15, Piper Company sold $19,000 of merchandise (costing $9,500) for

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O Required information [The following information applies to the questions displayed below.] 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-sixth of the advance ticket sales). 1. Record entries for the July 15 and August 1 transactions. 2. Record the entries for the November 3 and November 20 transactions. View transaction list Journal entry worksheet 1 2 3 4 5 Record the entry for cash sales and its sales taxes. Note: Enter debits before credits. Debit Credit Date General Journal July 15 View general journal Clear entry Record entry Required information [The following information applies to the questions displayed below.] 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-sixth of the advance ticket sales). 1. Record entries for the July 15 and August 1 transactions. 2. Record the entries for the November 3 and November 20 transactions View transaction list Journal entry worksheet > O Required information [The following information applies to the questions displayed below) 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-sixth of the advance ticket sales). 1. Record entries for the July 15 and August 1 transactions. 2. Record the entries for the November 3 and November 20 transactions. View transaction list Journal entry worksheet 2 3 4

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