PART A: Abyssinian Company had cash sales of $98,800 (including taxes) for the month of January. Sales are subject to a 4% sales tax. Prepare the entry to record January sales. Part B Burmese Co. borrows $200,000 on July 1 for a bank by signing a $200,000 note payable. The note is due in 18 months. The interest rate on the note is 4%. Prepare the following journal entries: 1. Record the receipt of the proceeds of the note on July 1. 2. Record the accrual of interest on December 31, assuming that adjusting journal entries are only made at year end