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Content Area Sampson Co. sold merchandise to Batson Co. on account, $46,000, terms 2/15, net 45. The cost of the merchandise sold is $38,500. Batson
Content Area Sampson Co. sold merchandise to Batson Co. on account, $46,000, terms 2/15, net 45. The cost of the merchandise sold is $38,500. Batson Co. paid the invoice within the discount period. Assume both Sampson and Batson use a perpetual inventory system. Question Content Area Prepare the entries that Sampson Co. would record for the information above. a. b. c. Question Content Area Prepare the entries that Batson Co. would record for the
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