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May 2 Purchases books on account from Readers Wholesale for $2,200, terms 1/10, n/30. May 3 Pays freight costs of $140 on books purchased from

May 2 Purchases books on account from Readers Wholesale for $2,200, terms 1/10, n/30.
May 3 Pays freight costs of $140 on books purchased from Readers.
May 5 Returns books with a cost of $400 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 $2,600 on account.

9. Award:0 out of 10.00 points

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Required:
1. Record the transactions of Littleton Books, assuming the company uses a perpetual inventory system.(Omit the "$" sign in your response.)

Date General Journal Debit Credit
May 2 n/r n/r
n/r n/r
May 3 n/r n/r
n/r n/r
May 5 n/r n/r
n/r n/r
May 10 n/r n/r
n/r
n/r
May 30 n/r n/r
n/r n/r
n/r n/r
n/r n/r

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