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E6-10 Sundance Systems has the following transactions during July July 5 Purchases 40 LCD televisions on account from Red River Supplies for $2.500 cach, terms

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E6-10 Sundance Systems has the following transactions during July July 5 Purchases 40 LCD televisions on account from Red River Supplies for $2.500 cach, terms 3/10, 1/30. July 8 Returns to Red River two televisions that had defective sound. July 13 Pays the full amount due to Red River. July 28 Sells remaining 38 televisions from July 5 for $3,000 each on account. Required: Record the transactions of Sundance Systems, assuming the company uses a perpetual inventory system. Record transactions using a perpetual system (L06-5) Flip Side of E6-12

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