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Sundance Systems has the following transactions during July. July 5 Purchases 52 LCD televisions on account from Red River Supplies for $3,100 each, terms 4/10,n/30.

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Sundance Systems has the following transactions during July. July 5 Purchases 52 LCD televisions on account from Red River Supplies for $3,100 each, terms 4/10,n/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 50 televisions from July 5 for $3,600 each on account. Journal entry worksheet Record purchase of 52 LCD televisions on account from Red River Supplies for $3,100 each, terms 4/10,n/30. Note: Enter debits before credits. Journal entry worksheet 5 Record return to Red River two televisions that had defective sound. Note: Enter debits before credits. Journal entry worksheet Record payment of the full amount due to Red River. Note: Enter debits before credits. Journal entry worksheet 1 Record the sale of inventory on account. Note: Enter debits before credits. Journal entry worksheet 1

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