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 fran lieaders wholesale for 52,800 , terns 3/10,n/30. May 3 Pays cash for freight costs of 5150 on books purchased from Readers. May 5 Heturns books with a cost of $369 to Headers because part of the order is incorrect. May 305e1ls all books purchased on May 2 (less those returned on May 5 ) for $3,500 on account. hay 10 pays the full onount due to Readers. Record the transactions of Litileton Books, assuming the company uses a perpetual inventory system. (If no entry is required for a equired: ansaction/event, select "No Journal Entry Required" in the first account field.)