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Sundance Systems has the following transactions during July. leseler giver July 5 Purchases 40 LCD televisions on account from Red River Supplies for $2,50 each,

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Sundance Systems has the following transactions during July. leseler giver July 5 Purchases 40 LCD televisions on account from Red River Supplies for $2,50 each, teres 3/10, 1/30 July & Returns to Red River two 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 $3,000 each on account. Required: Record the transactions of Sundance Systems, assuming the company uses a perpetual inventory system. (if no entry is reg transaction/event, select "No Journal Entry Required in the first account field.) General Journal Credit Date July 05 Debit 100.000 Purchases Accounts Payable 100.000 July 08 5,000 Accounts Receival Purchase Returns 5.000 July 13 95.000 Accounts Pay Purchase Disco Cash 2.850 92.150 July 20 A ccounts Receivable 114.000 Sales Reve 114.000 28 92.150 5.000 2.050 100 000

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