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Required information [The following information applies to the questions displayed below] Littieton Books has the following transactions during May. May 2 Purchases books on account

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Required information [The following information applies to the questions displayed below] Littieton Books has the following transactions during May. May 2 Purchases books on account from Readers Wholesale for $2,6e, terms 1/16,n/30. May 3 Pays cash for freight costs of $130 on books purchased fron Readers, May 5 Returns books with a cost of $2e to Readers because part of the order is incorrect. May 10 Pays the full anount due to Readers. May 39 Sells all books purchased on May 2 (less those returned on May 5) for 53,390 on account. Journal entry worksheet 456 Record purchase of books on account from Readers Wholesale for $2,600, terms 1/10,n/30. Note: Enter debits before credits: Journal entry worksheet 6 Record payment of cash for freight costs of $130 on books purchased from Readers. Note: Enter debits before credits. Journal entry worksheet 1 56 Record the return of books with a cost of $200 to Readers because part of the order is incorrect. Note: Enter debits before credits. Journal entry worksheet (1) 2 6 Record payment of the full amount due to Readers. Note: Enter debits before credits. Journal entry worksheet (1) 2 Record the sale of all book inventory purchased on May 2 (less those returned on May 5) for $3,300 on account. Note: Enter debits before credits. Journal entry worksheet (2) (3) 4 Note: Enter debits berore credits

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