Pastel Interiors reported the following transactions in May: (Click on the icon to view the transactions.) Read the requirements. adjusting entries at period end.) (Record debits first, then credits. Exclude explanations from any journal entries.) May 2: Sold merchandise on account to Toby Bothwell, $700, terms 3/10,n/30. Requirements More info May 2 Sold merchandise on account to Toby Bothwell, $700, terms 3/10, n/30. May 10 Sold merchandise on account to Barry O'Mahony, \$1,900, terms 1/10, n/30. May 11 Collected payment from Bothwell for the May 2 sale. May 15 O'Mahony returned $1,300 of the merchandise purchased on May 10. May 19 Collected payment from O'Mahony for the balance of the May 10 sale. 1. Record the foregoing transactions in the journal of Pastel Interiors using the gross method. (You do not need to make the cost of sales journal entries; assume that these entries will be made by the company when it makes its other adjusting entries at period end.) 2. Calculate the amount of gross sales minus sales discounts for the month of May