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2) Record journal inventory system. entries for the following transactions for Sampson Company . Sampson uses a perpetual Nov. IPurchased merchandise on account from County

2) Record journal inventory system. entries for the following transactions for Sampson Company . Sampson uses a perpetual Nov. IPurchased merchandise on account from County Suppliers, $2.000, terms n/30. Purchased merchandise from Shuping Wholesalers, $5.000, by issuing a 60-day, 12% note. Paid the amount due to County Suppliers. Gave a 90-day. S25.000, 12% note to the FP Bank for a cash loan. 1S 30 Dec. 1 Dec. 31 Answer Recorded any necessary adjusting entries. General Journal Credit Debit Accounts Date

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