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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 Purchases 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 Purchases books on account from Readers Wholesale for $2,900, terns 2/10, 1/30. Hay 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 10 Pays the full mount due to Readers. May yo sells all books purchased on May 2 (less those returned on May 5) for $3,600 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 es Record the cash paid on account Note Enter debits before credits General Journal Date May 24 Debit Credit Record entry Clear entry View general journal

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