Required information 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 Purchases books on account from Readers Wholesale for $3,100, terms 2/10, n/30. May 3 Pays cash for freight costs of $180 on books purchased from Readers. May 5 Returns books with a cost of $300 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 $3,800 on account. Evernia. 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 payment of the full amount due to Readers. Note: Enter debits before credits Date May 24 General Journal Debit Credit Record entry Clear entry View general journal