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Required: 1. Record the transactions of Littleton Books, assuming the company uses a perpetual inventory system. (If no entry is required for a transaction/event, select

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Required: 1. Record the transactions of Littleton Books, 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.) Journal entry worksheet Note: Enter debits before credits. Exercise 6-9 (Algo) Record transactions using a perpetual system (LO6-5) [The following information applies to the questions displayed below.] Littleton Books has the following transactions during May. way 2 Purchases books on account from Readers Wholesale for $3,200, terms 2/10,n/30. way 3 Pays cash for freight costs of $190 on books purchased from Readers. woy s Returns books with a cost of $250 to Readers because part of the order is incorrect. way wo Pays the full amount due to Readers. way 30 Sells all books purchased on May 2 (less those returned on May 5) for $3.900 on account. References Sectian Break. Anard 2.50 peints Exercise 6-9 (Algo) Part 1 Required: 1. Record the transactions of Littleton Books, 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.) Journal entry worksheet 23456 Record purchise of books en account from Readers Wmolesale for $3,200, terna 2/10,r/30. Required: 1. Record the transactions of Littleton Books, 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.) Journal entry worksheet

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