! Required information Exercise 6-17A Record transactions using a periodic system (LO6-8) [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 $3,200, terms 2/10, n/30. May 3 Pays cash for freight costs of $190 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 $3,900 on account. Exercise 6-17A Part 2