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Sundance Systems has the following transactions during July July 5 Parehase 26 LCD televisions on account from Red River Supplies for $1,000 each. term 2/10,

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Sundance Systems has the following transactions during July July 5 Parehase 26 LCD televisions on account from Red River Supplies for $1,000 each. term 2/10, 1/30 July 8 Returns to Red River four television that had defective sound. July 19 pays the full amount don to led River. July 21 Bells remaining 22 televisions from July 5 for $2,300 cach on account. Required: Record the transactions of Sundance Systems, assuming the company uses a perpetual inventory system (if no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Answer is not complete. NO General Journal Debit Credit Date July Os 1 46,800 Inventory Accounts Payable OO 45,000 2 July 08 7,200 Accounts Payable Inventory 7.200 3 July 13 54.000 Accounts Payable Inventory OO 46,656

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