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 $3,800, terms 2/10, n/30 May 3 Pays cash for freight costs of $250 on books purchased from Readers May 5 Returns books with a cost of $200 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 $4,500 on account. Required: 1. Record the transactions of Littleton Books, assuming the company uses a perpetual inventory system. (If no View transaction list Journal entry worksheet 2 3 4. 5 6 Record cost of inventory sold. Note: Enter debits before credits Date General Journal Debit Credit May 30 Cost of goods sold Inventory Record entry Clear entry View general journal