Required information [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 $2,300, terms 2/10, n/30. May 3 Pays cash for freight costs of $100 on books purchased from Readers. May 5 Returns books with a cost of $300 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 $3,000 on account. 07 Required: 1. Record the transactions of Littleton Books, assuming the company uses a periodic inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 6 > es Record purchase of books on account from Readers Wholesale for $2,300, terms 2/10, n/30. Note: Enter debits before credits. General Journal Date May 02 Debit Credit Record entry Clear entry View general Journal View transaction list Journal entry worksheet > 1