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The foowing information applies to the questions displayed below Sundance Systems has the following transactions during July July 5 Purchases 20 LCD televisions on account

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The foowing information applies to the questions displayed below Sundance Systems has the following transactions during July July 5 Purchases 20 LCD televisions on account from Red River Supplies for $1.s0aleach, terms 3/10, n/3o 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 18 televisions from July 5 for $2.000 each on account. value 5.00 points Required information Required: 1. Record the transactions of Sundance Systems, assuming the company uses a periodic inventory system. (If no entry is required for a transactionlevent, select "No journal entry required" in the first account field.) view transaction list view general journal Journal Entry Worksheet

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