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On June 1 8 th , 2 0 2 0 , the Ronald Corp, which maintains a perpetual inventory system, sold merchandise inventory on account

On June 18th,2020, the Ronald Corp, which maintains a perpetual inventory system, sold merchandise inventory on account for 30,000 to Holly Corp, which also maintains a perpetual inventory system. This inventory had cost Ronald 18,400. This sale was subject to a cash discount of 3/10 net 100.
On June 22,2020, Holly returned to Ronald 2,000 of inventory that had been purchased on June 18th.
On June 27th,2020, Holy paid Ronald within the discount period.
Make the necessary entries for Ronald Corp on:
June 18th,2020
June 22,2020
June 27,2020
Then make those entries for Holly Corp

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