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Littleton Books has the following transactions during May 2-May Purchases books on account from Readers Wholesale for $4,200, terms 2/10, n/30. 3-May Pays cash fir

Littleton Books has the following transactions during May
2-May Purchases books on account from Readers Wholesale for $4,200, terms 2/10, n/30.
3-May Pays cash fir freught costs of $290 on books purchased from Readers.
5-May Returns books with a cost of $350 to Readers because part of the order is incorrect.
10-May Pays the full amount due to Readers.
30-May Sells all books purchased on May 2 ( less those returned on May 5.) for $4,900 on account
Recird the transactions of Littleton Books, assumoing the company uses perpetual inventory system.

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