Exercise $6-9($Algo$)$ Record transactions using a perpetual system $($L$06-5)$

$[$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 $$2,700,$ terms $\frac{2}{10},\frac{n}{30}.$

May $3$ Pays cash for freight costs of $$140$ on books purchased from Readers.

May $5$ Returns books with a cost of $$250$ 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 $$3,400$ on account.