! Required information [The following information applies to the questions displayed below. Sundance Systems has the following transactions during July July 5 Purchases 42 LCD televisions on account from Red River Supplies for $2,600 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 38 televisions from July 5 for $3,100 each on account. S 2. Record the period-end adjustment to cost of goods sold on July 31, assuming the company has no beginning or ending inventory. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) a View transaction list ournal entry worksheet 1 Record period-end adjustment. ote: Enter debits before credits. Date July 31 Debit Credi General Journal Cost of Goods Sold Purchase Returns Purchase Discounts 96,824 10,400 Record entry Clear entry Viewson