Requlred 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 $3,4, terms 2/19, n/3. May 3 Pays cash for freight costs of $210 on books purchased from Readers. May 5 Returns books with a cost of $350 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 $4,10 on account. Exerclse 6-9 (Algo) Part 1 Requlred: 1. Record the transactions of Littleton Books, assuming the company uses a perpetual inventory system. (If no entry ls requlred for a ironsaction/event, select "No Journal Entry Requlred" In the flrst account fleld.) 2. Assume that payment to Readers is made on May 24 instead of May 10 . Record this payment. (If no entry ls requlred for a tronsoctlon/event, select "No Journal Entry Requlred" In the flrst account fleld.) Journal entry worksheet Record payment of the full amount due to Readers. Note: Enter debits before credits