Required information The following information applies to the questions displayed below) 1. On July 15. Piper Company 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 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) nalyze each separate transaction by showing its effects on the accounting equation-specifically, identify the accounts and amounts ncluding.or-for each transaction. (Enter all amounts as positive values.) Liabilities 15 . . My 15 August November November 20 +