Journal entry worksheet \begin{tabular}{l|l} 3 \\ -3 \end{tabular} Record purchase of books on account from Readers Wholesale for $3,300, terms 1/10,n/30. Note: Enter debits before credits. 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 2 Purchases books on account from Readers Wholesale for $3,300, terms 1/10,n/30. May 3 Pays cash for freight costs of $200 on books purchased from peaders. Kay 5 Returns books with a cost of $400 to Readers because part of the order 15 incorrect. May 10 pays the fall amount due to Readeris. May 30 Sells all books purchased on May 2 (less those returned on May 5 ) for $4,000 on account. xercise 6-9A Part 1 tequired: - Record the transactions of Littleton Books, assuming the company uses a perpetual inventory system. (If no entry is required for a ransaction/event, select "No Journal Entry Required" in the first account field.) 1 Record purchase of books on account from Readers Wholesale for $3,300, terms 1/10,n/30. 2 Record payment of cash for freight costs of $200 on books purchased from Readers. 3 Record return of books with a cost of $400 to Readers because part of the order is incorrect. 4 Record payment of the full amount due to Readers. 5 Record the sale of inventory on account. 6 Record cost of inventory sold. Note : = journal entry has been entered 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.) Journal entry worksheet Wotea enver geours perare cregus