Name: Problem 22 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 9 18 19 22 Sold merchandise on account to James Koffsky, $250, plus sales tax. Sold merchandise on account to Kevin Nolon, $470, plus sales tax. Sold merchandise on account to Joyce McKay, $110, plus sales tax. Received payment from James Koffsky. Received payment from Kevin Nolon. Received payment from Joyce McKay. 31 A partial chart of accounts is as follows 101 122 231 401 Cash Accounts Receivable Sales Tax Payable Sales Required: 1) 2) Enter the above transactions in the appropriate journal. Post the entries from the journals to the subsidiary ledgers provided