Question 4 (4 points) 4. 16 points) The town of Woodstock maintains its books and records in a manner that facilitates the preparation of fund financial statements. A local sales tax is collected by the merchants and remitted to the town by the 45th day following the month of sale. Using good form, prepare all necessary 2019 journal entries to record the following transactions. a. During January and February of 2019, the town receives sales tax returns and related cash payments of 58,900 from local merchants for sales occurring during the month of December 2018 b. During March 2019 to December 2019, the town receives sales tax returns and related cash payments of $56,400 from local merchants for sales occurring during the months of January 2019 - November 2019. c. During January and February of 2020, the town receives sales tax returns and related cash payments of 56,700 from local merchants for sales occurring during the month of December 2019 Paragraph BIU .. Letter Credit Accounts Debit ok Air