Required Information 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. May 2 Purchases books on account from Readers wholesale for $4,26, terms 2/10, n/30. May 3 pays cash for freight costs of $29 on books purchased from Readers. May 5 Returns books with a cost of $350 to Readers because part of the order is incorrect. May 16 pays the full amount due to Readers. May 3 Sells all books purchased on May 2 (less those returned on May 5) for \$4, 9 on account. Exercise 6-9 (Algo) Part 1 Required: I. Record the transactions of Littleton Books, assuming the company uses a perpetual Inventory system. (If no entry is requlred for a iransaction/event, select "No Journal Entry Requlred" In the first account fleld.) x Answer is complete but not entirely correct