Exerelse 0.9 (Algo) Record transactlons using a perpetual system (LO6-5) [The following information applies to the questions displayed below.] Litteton Books has the following transactions during May. Mry 2 Purchases books on account from Aeaders wholesale for 52,900, teres 2/10,n/30. May 3 pays cash for freight costs of $160 on books parchased fron feaders. Myy 5 Returns books with a cost of 3250 to Readers because part of the order is incorrect. May 10 pays the full asount due to Readers. hay 30 Sells all books purchased on May 2 (less those returned on Kay 5) for $3,600 on aecount. xercise 6.9 (Algo) Part 1 equired: Record the transactions of Littleton Books, assuming the company uses a perpetual inventory system. (if no entry is required for a ransaction/event, select "No Joumal Entry Required" in the first account field.) Journal entry worksheet Riccord purchase of books on account from Readers Wholesale for $2,900. terms.2/10, v/30