Exercise 6-10A Record transactions using a perpetual system (LO6-5) Sundance Systems has the following transactions during July. July 5 Purchases 44 LCD televisions on account from Red River Supplies for $2,700 each, terma 4/10, 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 Seil. remaining 42 televisions from July 5 for $3,200 each 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.) View transaction list 1 Record purchase of 44 LCD televisions on account from Red River Supplies for $2,700 each, terms 4/10, 1/30. Record return to Red River two televisions that had defective sound plies for 2. 3 Record payment of the full amount due to Red River. Record the sale of inventory on account. Credit 5 Record the cost of inventory sold