ching and learning resourc Search Results | Course Hero C Chegg Search a. Sampson Co. sold merchandise to Batson Co. on account, $27,600, terms 2/15, net 45. b. The cost of the goods sold is $20,700. c. The Batson Co. paid the invoice within the discount period. Assume both Sampson and Batson use a perpetual inventory system. If no entry is required, select "No entry required" and leave the amount boxes blank. Prepare the entries that Sampson Company would record for the information above. If an amount box does not require an entry, leave it blank a. b. Prepare the entries that Batson Company would record for the information above. If an amount box does not require an entry, leave it blank. b. C Journalize the following merchandise transactions. The company uses the perpetual Inventory system. a. Sold merchandise on account, $15,000 with terms 2/10, net 30. The cost of the goods sold was $9,750. If an amount box does not require an entry, leave it blank. b. Received payment within the discount period. If an amount box does not require an entry, leave it blank