Required information Exercise 6-9A 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 $2,900, terms 2/10, n/30. May 3 Pays cash for freight costs of $160 on books purchased from Readers. May 5 Returns books with a cost of $250 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 $3,600 on account. cord the transactions of Littleton Books, assuming the company uses a perpetu inventory system. (If no entry is required for a saction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 3 4 5 1 6 > Record purchase of books on account from Readers Wholesale for $2,900, terms 2/10, 1/30. Note: Enter debits before credits General Journal Debit Credit Date May 02 Record entry Clear entry View general Journal -. Assume that payment to Readers is made on May 24 instead of Me Record this payment. (If no entry is required for a cransaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet