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[The following information applies to the questions displayed below.] Littleton Books has the following...

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Accounting

[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 $2,700, terms 210,n30.
May 3 Pays cash for freight costs of $140 on books purchased from Readers.
May 5 Returns books with a cost of $250 to Readers because part of the order is incorrect.
May 30 Sells all
ached on May 2(less those returned on May 5) for $3,400 on account.
Required:
Record the transactions of Littleton Books, assuming the company uses a perpetual inventory system. (If no entry is requ transaction/event, select "No Journal Entry Required" in the first account field.)
Journal entry worksheet
Record purchase of books on account from Readers Wholesale for $2,700, terms 210,n30.
Note: Enter debits before credits.
\table[[Date,General Journal,Debit,Credit],[May 02,,,],[,,,],[,,,],[,,,]]
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