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 $2,900, terms 2/10, 1/30. 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 30 setts all books purchased on May 2 (less those returned on May 5) for $3,686 on account. 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.) View transaction list Journal entry worksheet