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Required information [The following informstion applies to the questions disployed beiow) 1. On July 15, Piper Company sold 510,000 of merchandise (cossing 55,000) for cash.

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Required information [The following informstion applies to the questions disployed beiow) 1. On July 15, Piper Company sold 510,000 of merchandise (cossing 55,000) for cash. The soles taxiate is 47 , On Augus 1 . Plper sent the saies tax collected from the sole to the government. 2. On Novermber 3, the Milwaukee Bueks sold a sik-gsme psck of advance tickess for 5300 cosh. On November 20 , the Bucks played the first game of the siv.game pack (this represented one-sixth of the advance ticket sales) Analyze eoch sepsrate transaction by showing its effects on the accounting equation-specifictly idectify the acceunts and amounts (including + or -) for each transaction. (Enter all amounts as positive values.)

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