Ransk Corporation sold merchandise to Belville Corporation on account for $188,000 with credit torms 2/10, 1/30 on February 19, 2021. The cost of the merchandise sold was 502.000. Belville returned 15% worth of merchandise on February 22.2021 and paid its account in full within 7 days. The returned goods were returned to inventory Both companies to a perpetual inventory system and follow ASPE. Required: Prepare the journal entries that Ranunk Corporation made to record the 1. sale of merchandise 2 return of merchandise 3. collection on account