Question: Please make journal entries for these August 1, Plper sent the sales tax colected from the sale to the government. 2. On November 3, the
August 1, Plper sent the sales tax colected from the sale to the government. 2. On November 3, the Milwaukee Bucks sold a six-game pack of advance tickets for $780 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 9-2 (Algo) Recording known current liabilities LO C2 1. Record entries for the July 15 and August 1 transactions. 2. Record the entries for the November 3 and November 20 transoctions. Required information 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 $26,000 of merchandise (costing $13,000 ) 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 pock of advance tickets for $780 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 9.2 (Algo) Recording known current liabilities LO C2 1. Record entries for the July 15 and August 1 transactions. 2. Record the entries for the November 3 and November 20 transactions
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