"Assume that payment to readers is made on May 24 instead of May 10. Record this payment.

Please Help, I don't understand this question!

Saved Required information [The following information applies to the questions displayed below.] A company has the following transactions during May. May 2 Purchases books on account from Readers Wholesale for $4,300, terms 2/10, n/30. May 3 Pays cash for freight costs of $300 on books purchased from Readers. May 5 Returns books with a cost of $300 to Readers because part of the order is incorrect. May 10 Pays the full amount due to Readers. May 30 Sells all books purchased on May 2 (less those returned on May 5) for $5,000 on account. 2. Assume that payment to Readers is made on May 24 instead of May 10. Record this payment. (If no entry is req transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the cash paid on account. Note: Enter debits before credits. Date General Journal Debit Credit May 24 May 24 .... ...... ... F 3 F 3 3 ... EST TE TIT 1 1