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For this question, I want to make sure that this is correct but also can you do the entire problem? Thank you. Required information Exercise
For this question, I want to make sure that this is correct but also can you do the entire problem? Thank you.
Required information Exercise 6-17A Record transactions using a periodic system (LO6-8) The following information applies to the questions displayed below) Littleton Books has the following transactions during May May 2 Purchases books on account from Readers Wholesale for $3,00, eres 2/10, n/5. May 3 Pays cash for freight costs of $26 on books purchased from Readers May Returns books with cost of $400 to Readers because part of the order is incorrect. May 10 Pays the full amount due to Readers May 5 Salls all books purchased on May 2 (less those returned on May 5) for $4.66 on account. Exercise 6-17A Part 2 2. Record the period-end adjustment to cost of goods sold on May 31, assuming the company has no beginning or ending inventory Of no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View Transactions Journal entry worksheet
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