Question: 37 Saved Required information Exercise 6-9A Record transactions using a perpetual system (LO6-5) [The following information applies to the questions displayed below] Littleton Books has

 37 Saved Required information Exercise 6-9A Record transactions using a perpetual

37 Saved Required information Exercise 6-9A Record transactions using a perpetual system (LO6-5) [The following information applies to the questions displayed below] Littleton Books has the following transactions during May. May ay ay May 10 Pays the full amount due to Readers. May 30 Sells all books purchased on Hay 2 (1ess those returned on May 5) for $4,900 on account. 2 Purchases books on account from Readers Wholesale for $4,200, terws 2/10, n/30. 3 Pays cash for freight costs of $290 on books purchased from Readers 5 Returns books with a cost of $350 to Readers because part of the order is incorrect. Exercise 6-9A Part 2 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 1 Record the cash paid on account

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