Required information [The following information applies to the questions displayed below] 1. On July 15, Piper Company sold $28,000 of merchandise (costing $14,000 ) for cash. The sales tax rate is 5\%. 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 $840 cash. On November 20, the Bucks played the first game of the six-game pack (this represented one-sixth of the advance ticket sales). 1. Record entries for the July 15 and August 1 transactions. 2. Record the entries for the November 3 and November 20 transactions. Record the entry for cash sales and its sales taxes. Note: Enter debits before credits. Note: Enter debits before credits. Record the sending of sales taxes to the government. Note: Enter debits before credits. Record the sale of advance tickets. Note: Enter debits before credits. Record the revenue earned from sale of tickets. Note: Enter debits before credits