Journal entry worksheet Record payment of the full amount due to Readers. Note: Enter debits before credits. ! Required information Exercise 6-9 (Algo) Record transactions using a perpetual system (LO6-5) [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 $2,400, terms 3/10,n/30. May 3 Pays cash for freight costs of $110 on books purchased from Readers. May 5 Returns books with a cost of $200 to Readers because part of the order is incorrect. MayPaysthefullamountduetoReaders.10 May30 account. May 2 Purchases books on account from Readers Wholesale for $2,400, terms 3/10,n/30. May 3 Pays cash for freight costs of $110 on books purchased from Readers. May 5 Returns books with a cost of $200 to Readers because part of the order is incorrect. May Pays the full amount due to Readers. 10 May Sells all books purchased on May 2 (less those returned on May 5) for $3,100 on 30 account. 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.)