on July 15 Piper company sold $16,000 of merchandise(costing 8,000) for cash. The sales tax rate is 4%. On August 4 piper sent the sales tax collector from the sale to the government.

On November 3, the Milwaukee bucks on a 16 pack of advance tickets for $480 cash on November 20. The books play the first game of the Sixers game pack.(this represented 1/6 of the events ticket sales.)

1. Record entries for the July 15 and y ugust 1 transactions. 2. Record the entries for the Novemifer 3 and November 20 transactions. Journal entry worksheet 45 Record the entry for cash sales and its sales taxes. Note: Enter debis before credits