6

May 2 Purehases books on account fron Readers kholesale for $3,500, terms 2/10, n/30. May 3 Rays cessh for freight cost of $220 on books purchased from Readers. May 5 Returns books with a cost of $300 to Readera because part of the order ia incorrect. May 10 Pays the fall anount due to Readera. May 30 selln al1 books purebased on May 2 (less thoge returned on May 5) tor $4,200 on aceount. Exercise 6-9 (Algo) Part 2 2. Assume that payment to Readers is made on May 24 instead of May 10. Record this payment. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record payment of the full amount due to Readers. Noter Enter debits before credits