The following merchandise transactions occurred during December for two different companies: Rippen and Burnen. Both companies use a perpetual inventory system. 3/10, n/30. This merchandise originally cost Rippen $315,000 returned this merchandise to inventory at its original cost of $3,111 On December 3, Rippen Corporation sold merchandise on account to Burnen Corp. for $486,000, terms On December 8, Burnen Corp. returned merchandise to Rippen Corporation for a credit of $A,800. Rippen December 12, Bumen Corp. paid Rippen Corporation for the amount owed. red: a. Prepare the journal entries to record these transactions on the books of Rippon Corporation. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet Record the entry for receipt of accounts receivable and related sales discount for terms 3/10,n/30 Note: Enter debits before credits Date General Journal DebitCredit Dec 12 Cash