The City of Kayla levies a local sales tax that is collected by the merchants and remitted to the city by the twentieth day of the month following the month of sale. The city maintains its books and records in a manner that facilitates the preparation of fund financial statements. The city has adopted a 60-day rule for sales tax revenue recognition, where appropriate. Prepare all necessary journal entries to record the following transactions related to sales tax revenues for the year ended December 31, 2014.

a) On January 20, the city receives sales tax returns and related payments of $7,000 from the merchants of the city for the month of December 2013.

b) On February 20, the City receives sales tax returns and related payments of $3,000 from the merchants of the City for the month of January 2014.

c) During 2014 the City receives sales tax returns and related payments of $40,000 from the merchants for the months of February-November 2014.

d) On January 20, 2015 the city receives sales tax returns and related payments of $7,500 from the merchants of the city for the month of December 2014.