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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 $3, 100, terms 2/10, n/30. May 3 Pays cash for freight costs of $180 on books purchased from Readers. May 5 Returns books with a cost of $300 to Readers because part of the order is incorrect. May 10 Pays the full amount due to Readers. May 30 sells all books purchased on May 2 (less those returned on May 5) for $3,800 on account. Required: 1. Record the transactions of Littleton Books, assuming the company uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction that Journal entry worksheet Required information Journal entry worksheet Required information Journal entry worksheet 5 > Record the sale of inventory on account. Note: Enter debits before credits Date Debit Credit May 30 General Journal Accounts Receivable Sales Revenue Record entry Clear entry View general Journal Journal entry worksheet

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