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Required information 2 [The following information applies to the questions displayed below.] Littleton Books has the following transactions during May. May 2 Purchases books
Required information 2 [The following information applies to the questions displayed below.] Littleton Books has the following transactions during May. May 2 Purchases books on account from Readers Wholesale for $3,300, terms 1/10, n/30. May 3 Pays cash for freight costs of $200 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 $4,000 on account. es 2. Assume that payment to Readers is made on May 24 instead of May 10. Record this payment. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) ces Journal entry worksheet < 1 Record payment of the full amount due to Readers. Note: Enter debits before credits. Date May 24 General Journal Debit Credit Record entry Clear entry View general Journal
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