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Required information ( The following information applies to the questions displayed below ) On July 1 5 , Piper Company sold $ 1 8 ,

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Required information
(The following information applies to the questions displayed below)
On July 15, Piper Company sold $18,000 of merchandise (costing $9,000) for cash. The sales tax rate is 4%. On August 1, Piper sent the sales tax collected from the sale to the government.
On November 3, the Milwaukee Bucks sold a six-game pack of advance tickets for $540 cash. On November 20. the Bucks played the first game of the six-game pack (this represented one-siath of the advance ticket salest.
Record entries for the July 15 and August 1 transactions.
Record the entries for the November 3 and Nowember 20 transactions
Journal entry worksheet
Record the revenue earned from sale of tickets.
Note: Eriter debits before credits.
\table[[Date,General Journal,Debit,Credit],[November 20,,,],[,,,],[,,,],[,,,],[,,,]]
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