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Assume both Sampson and Batson use a perpetual inventory system. If no entry is required, select No entry required and leave the amount box blank.

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Assume both Sampson and Batson use a perpetual inventory system. If no entry is required, select "No entry required" and leave the amount box blank. Prepare the entries that Sampson Company would record for the information above. Accounts Receivable-Batson Co. 46,000 x Sales 46,000 Cost of Goods Sold 38,500 Inventory 38,500 Cash 45,080 Accounts Receivable-Batson Co. 46,000 Prepare the entries that Batson Company would record for the information above

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