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Calculator a. Sampson Co. sold merchandise to Batson Co. on account, $28,000, terms 2/15, net 45. b. The cost of the merchandise sold is $21,000.

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Calculator a. Sampson Co. sold merchandise to Batson Co. on account, $28,000, terms 2/15, net 45. b. The cost of the merchandise sold is $21,000. C. Batson Co. paid the invoice within the discount period. Assume both Sampson and Batson use a perpetual Inventory system Prepare the entries that Sampson Co. would record for the information above. | O O Dino Prepare the entries that Batson Co. would record for the information above. a. and b

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