question 9 phw thank you please answer completly

Listed below are a few transactions and events of Piper Company. 1. Piper Company records a year-end entry for $10,000 of previously unrecorded cash sales (costing 55,000) and its sales taxes at a rate of 4% 2. The company earned S50,000 of $125,000 previously received in advance for services. Prepare any necessary adjusting entries at December 31, 2015, for Piper Company's year-end financial statements for each of the above separate transactions and events. (Piper has the policy of recording cash received in advance in balance sheet accounts.) Answer is complete but not entirely correct. Transaction General Journal Debit Credit 01(a) Cash 10.400 Earned services revenue 10,000 Sales taxes payable 400 01(b) Cost of goods sold 5,000 Earned services revenue 5,000 02 5,000 Unearned services revenue Sales 50,000