Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] 1. On July 15, Piper Company sold $30,000 of merchandise (costing $15,000 ) 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 $900 cash. On November 20 , the Bucks played the first game of the six-game pack (this represented one-sixth of the advance ticket sales). Exercise 9-3 (Algo) Financial statement impact of current liability transactions LO C2 Analyze each separate transaction by showing its effects on the accounting equation-specifically, identify the accounts and amounts (including + or ) for each transaction. (Enter all amounts as positive values.) rises below. (Algo) ons displayed below] erchandise (costing $15,000 ) for cash. The sales tax rate is 4%. On August to the government. six-game pack of advance tickets for $900 cash. On November 20 , the k (this represented one-sixth of the advance ticket sales). npact of current liability transactions LO C2 ects on the accounting equation-specifically, identify the accounts and amounts ints as positive values.)