Littleton Books has the following transactions during May. May 2 Purchases books on account from Readers Wholesale for $4,300, terms 2/10, n/30. May 3 Pays cash for freight costs of $300 on books purchased from Readers. May 5 Returns books with a cost of $300 to Readers because part of the order is incorrect. May 10 Pays the tall amount due to Readeru. May 30 Sella all books purchased on May 2 (less those returned on May 5) for $5,000 on account. Required: 1. Record the transactions of Littleton Books, assuming the company uses a periodic Inventory system (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list ances Journal entry worksheet