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 $3,500, terms 2/10,n/30. May 3 Pays cash for freight costs of $22 on books purchased from Readers. May 5 Returns books with a cost of $300 to Readers because part of the order is incorrect. May 16 Pays the full amount due to Readers. May 30 Sells al1 books purchased on May 2 (less those returned on May 5 ) for $4,280 on account. 2. Assume that payment to Readers is made on May 24 instead of May 10. Record this payment. (If no transaction/event, select "No Journal Entry Required" in the first account field.) Record payment of the full amount due to Readers. Totez Enter delits bertie credis