Sundance Systems has the following transactions during July. July 5 Purchases 60 LCD televisions on account from Red River Supplies for $3,500 each, terms 1/10, n/30. July 8 Returns to Red River five televisions that had defective sound. July 13 Pays the full amount due to Red River. July 28 Sells remaining 55 televisions purchased on July 5 for $4,000 each on account.

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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.)