Required information [The following information applies to the questions displayed below] 1. On July 15, Piper Company sold $21,000 of merchandise (costing $10,500 ) for cash. The sales tax rate is 4%. On Agust 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 $630 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 entiles for the July 15 and August 1 transactions. 2. Record the entries for the November 3 and November 20 transactions. Journal entry worksheet Record the entry for cash sales and its sales taxes; Moter Enter debits befare credits