Harry O'Brien operates Leather Warehouse, a leather shop that sells luggage, handbags, business cases, and other leather goods. During the month of May, the following transactions took place. The applicable sales tax rate is 6%. May 2 Sold merchandise on account to James Koffsky, $250.00, plus sales tax. 9 Sold merchandise on account to Kevin Nolon, $470.00, plus sales tax. 12 James Koffsky returned $40.00 worth of merchandise purchased on May 2 for credit. 18 Sold merchandise on account to Joyce McKay, $110.00, plus sales tax. 19 Sold merchandise on account to Tim Carney, $165.00, plus sales tax. 22 Received payment from James Koffsky on account. 26 Joyce McKay was given an allowance of $30.00 when she reported damage in the merchandise purchased May 18. 28 Sold merchandise on account to James Koffsky, $500.00, plus sales tax. 29 Sold merchandise on account to Kevin Nolon, $230.00, plus sales tax. 31 Received payment from Joyce McKay on account. 31 Cash sales for the month were $2,600, plus sales tax. ACCOUNT Sales Tax Payable ACCOUNT NO. 231 BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT J3 J3 S6 CR8 ACCOUNT Sales ACCOUNT NO. 401 BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT S6 CR8 ACCOUNT Sales Returns and Allowances ACCOUNT NO. 401.1 BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT J3 J3 CREDIT ACCOUNTS RECEIVABLE LEDGER ACCOUNT Tim Carney DATE ITEM POST. REF. DEBIT CREDIT BALANCE S6 ACCOUNT James Koffsky DATE ITEM POST. REF. DEBIT CREDIT BALANCE S6 J3 CR8 ACCOUNT S6 Joyce McKay DATE ITEM POST. REF. DEBIT CREDIT BALANCE S6 J3 CR8 ACCOUNT Kevin Nolon DATE ITEM POST. REF. DEBIT CREDIT BALANCE S6 S6