Sundance Systems has the followng transactlons during July. 3u1y S. Purchases 30 tco televistons on account fron Red River Supplies for $2,690 each, terns 2/18,n/30. July 8 Returns to Red River six televisions that had defective sound. July 13 pays the full atount due to Red River. july 28 Sells renaining 24 televisions fron July 5 for $2,500 each on account. Required: Record the transactions of Sundance Systems, assuming the company uses a perpetual inventory system. (If no entry is required fo transaction/event, select "No Journal Entry Required" In the first account field.) Journal entry worksheet Record purchase of 30 LCD televisions on account from Red River Supplies for $2,000 each, terms 2/10,n/30. Note: Enter debits before credits. Sundance Systems has the following transactions during July. July 5 Purchases 30 LCD televisions on account fron Red River Supplies for $2,000 each, terms 2/10, n/30. July 8 Returns to Red River six televisions that had defective sound. July 13 Pays the full amount due to Red River. July 28 Sells remaining 24 televisions fron July 5 for $2,508 each on account. Required: Record the transactlons of Sundance Systems, assuming the company uses a perpetual inventory system. (If n transactlonlevent, select "No Journal Entry Required" In the first account field.) 1 Record purchase of 30 LCD televisions on account from Red River Supplies for $2,000 each, terms 2/10,n/30. 2 Record the return to Red River of six televisions that had defective sound. 3 Record payment of the full amount due to Red River. 4. Record the sale of all inventory purchased on July 5 (less those returned on July 8 ) for $2,500 on account, 5 Record the cost of inventory sold. Note : = journal entry has been entered