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 $4,200, terms 2/10,n/30. May 3 Pays cash for freight costs of $290 on books purchased fron Readers. May 5 Returns books with a cost of 5350 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 $4,9e0 on account. Exercise 6.9 (Algo) Part 2 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 ransaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record payment of the full amount due to Readers. Note: Enter debits before credits