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Please help! 1. On July 15 , Piper Co. sold $10,000 of merchandise (costing $5,000 ) for cash. The sales tax rate is 4%. On

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1. On July 15 , Piper Co. sold $10,000 of merchandise (costing $5,000 ) for cash. The sales tax rate is 4%. On August 1 , Piper sent the sales tax collected from the sale to the government. Record entries for the July 15 and August 1 transactions. 2. On November 3, the Milwaukee Bucks sold a six game pack of advance tickets for $300 cash. On November 20 , the Bucks played the first game of the six game pack (this represented one-sixth of the advance ticket sales). Record the entries for the November 3 and November 20 transactions. Journal entry worksheet 5 Record the entry for cash sales and its sales taxes. Note: Enter debits before credits. Journal entry worksheet 4 Record the cost of merchandise. Note: Enter debits before credits. Journal entry worksheet 1 Record the sales in advance of games. Note: Enter debits before credits. Journal entry worksheet Record the sending of sales taxes to the government. Note: Enter debits before credits. Journal entry worksheet Record the revenue earned from sale of tickets. Note: Enter debits before credits

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