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Record purchase of books on account from Readers wholesale for $3,500, terms 2/10,n/30. Note: Enter debits before credits. Journal entry worksheet Record the return of

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Record purchase of books on account from Readers wholesale for $3,500, terms 2/10,n/30. Note: Enter debits before credits. Journal entry worksheet Record the return of books with a cost of $300 to Readers because part of the order is incorrect. Note: Enter debits before credits. Journal entry worksheet 11234 Record cost of inventory sold. Note: Enter debits before credits. Littleton Books has the following transactions during May. May 2 Purchases books on account from Readers wholesale for $3,500, terms 2/10, n/30. May' 3 Days cash for frelght costs of $220 on books purchased from Readers. Roy 5 Returns books with a cost of $300 to Readers because part of the order Is Incarrect. Rey lepays the full anount due to Readers. May 30 Se11s all books purchased on May 2 (less those returned on Hay 5) for 44,200 on account. Required: 1. Record the transactions of Uttieton Books, assuming the company uses a periodic inventory system 2. Record the period-end adjusting entry to cost of goods sold on May 31 , assuming the company has no beginning or ending inventory. Complete this question by entering your answers in the tabs below. Record the transactions of Littieton Books, assuming the company uses a periodic inventory system. (If no entry is required for a transaction/event; select "Wo Joumal Entry Required" In the first account field;) Journal entry worksheet 123 Record the sale of all book inventory purchased on May 2 (less those returned on May 5) for $4,200 on account. Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet \begin{tabular}{lll|l}

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