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Littleton Books has the following transactions during May. May 2 Purchases books on account from Readers wholesale for $3,200, torns 2/10, n/30. May 3 Pays

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Littleton Books has the following transactions during May. May 2 Purchases books on account from Readers wholesale for $3,200, torns 2/10, n/30. May 3 Pays cash for freight costs of $190 on books purchased from Readers. May 5 Returns books with a cost of $250 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 $3,900 on account. Required: 1. Record the transactions of the company, assuming the company uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record payment of the full amount due to Readers. Note: Enter debits before credits. Date May 10 General Journal Debit Credit Record entry Clear entry View general Journal Journal entry worksheet

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