6 jornel entry

Exercise 6.9 (Algo) 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 2 Durchases books on account frea Readere Wholesale for $3,500, terms 2/10, n/30. Nay 3 pays cask for frelght coses of $220 on booki purchased from Headers. Mry 5 Returns books with a cost of $300 to peaders because part of the order is incorrect. May 10 Pays the full anount due to Meaders. Yay 30 sellin all books purchased on May 2 (leas those returned on May 5 ) for $4,200 on account. kercise 6-9 (Algo) Part 1 suired: Record the transactions of Littleton Books, assuming the company uses a perpetual inventory system. (If no entry is required for a insaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 23456 Record purchase of books on account from Readers Wholesale for $3,500, terms 2/10,n/30. Note: Enter dehits befort creaits. 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.) Journal entry worksheet 5 Record payment of cash for freight costs of $220 on books purchased from Readers. Notet Enter debiti before credits. 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.) Journal entry worksheet Record the return of books with a cost of $300 to Readers because part of the order is incorrect. Fintert Friter drobes biepore credes. 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.) Journal entry worksheet (1) 2356 Record payment of the full amount due to Readers. Wote Enter debits before credits. 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.) Journal entry worksheet 12 6 Record payment of the full amount due to Readers. Wote: Enter debits before credits: 1. Record the transactions of Litteton 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.) Journal entry worksheet (1) 2 6 Record the sale of all book inventory purchased on May 2 (less those returned on May 5) for $4,200 on account. Note: Enter debits before credits: 1. Record the transactions of Litteton Books, assuming the company uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Joumal Entry Required" in the first account field.) Journal entrv warkshaat