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Part 1 of 2 [The following information applies to the questions displayed below.] Sundance Systems has the following transactions during July July 5 Purchases 26
Part 1 of 2 [The following information applies to the questions displayed below.] Sundance Systems has the following transactions during July July 5 Purchases 26 LCD televisions on account from Red River Supplies for $1,800 each, terms 2/10, n/30. July 8 Returns to Red River four televisions that had defective sound. July 13 Pays the full amount due to Red River. July 28 Sells remaining 22 televisions from July 5 for $2,300 each on account. 7.16 moints 8 03:43:17 Sipped eBook Required: 1. Record the transactions of Sundance Systems, assuming the company uses a periodic inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) 000 Hint View transaction list Print Journal entry worksheet References Record purchase of 26 LCD televisions on account from Red River Supplies for $1,800 each, terms 2/10, n/30. Note: Enter debits before credits Date General Journal Debit Credit July 05 Record entry Clear entry View general joumal View transaction list Journal entry worksheet
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