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the question to enter as a journal entry

Return to ou requirea normation Exercise 6-17A Record transactions using a periodic system (LO6-8) The following information applies to the questions displayed below) Uneton Books has the following transactions during May. way y 2 Purchase books on scout free Readers wholesale for $2.00, ter 2/10, 1/30 Pays for freight coats of $100 on books purchased to Readers S tus books with cost of $300 to Readers because part of the order is incorrect. y 10 Sells all books purchased away 2 (less those returned on May 5) for $3,000 o account. Exercise 6-17A Part 1 Required: 1. Record the transactions of Littleton Books, assuming the company uses a periodic inventory system (If no entry is required for transactionevent, select "No Journal Entry Required in the first account field) Answer is complete but not entirely correct. May 02 Purchase Discount Account Pay ... .... . ... * McGraw He Connect Chapter 6 Homework Return To Ques Knowles work Help Save & Exit work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate complete Return to que Required information ay 02 Purchase Discounts Accounts Payable 2300 May 03 Freight in Cash May 05 Accounts Payable Purchase Returns May 10 Accounts Payable Cash Purchase Discounts May 30 Accounts Receivable Sales Revenue Cost of Goods Sold Purchase Returns Purchase Discounts KARSS x McGraw Hin Connect X Chapter 6 Homework Help Save node: This shows what is correct or incorrect for the work you have completed so far. It does not indicate compl Return to aired information Purchase Returns May 10 Accounts Payable Cash Purchase Discounts May 30 3.000 Accounts Receivable Sales Revenue 1 000 OOOOO OOO May 30 Cost of Goods Sold Purchase Returns Purchase Discounts Purchases Freight in Prex _10 10 Next ARQUIBOS Record purchase of books on account from Readers Wholesale for $2,300, terms 2/10, 1/30. Record payment of cash for freight costs of $100 on books purchased from Readers. Record return of books with a cost of $300 to Readers because part of the order is incorrect. O Record payment of the full amount due to Readers. Recory the sale of inventory on account O Record cost of inventory sold. Note - Journal entry has been entered May 30 Cost of Goods Sold Purchase Returns Purchase Discounts Purchases