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Required information The following information applies to the questions displayed below) Littleton Books has the following transactions during May May 2 Purchase books on account

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Required information The following information applies to the questions displayed below) Littleton Books has the following transactions during May May 2 Purchase books on account from Readers wholesale for 83,100 3/10, 1/30. May Pays cash for freight of 5180 on books parchased from Rasters May Returns hooke with cost of $300 aders because part of the der scoreet. May 10 ays the full amount due to Readers May 30 selle all books purchased on May 2 (less those returned on by for $1.00 oct. Required: 1. Record the transactions of Littleton Books, assuming the company uses a perpetual inventory system of no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.)

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