Sampson Co$.$ sold merchandise to Batson Co$.$ on account, $$37,900,$ terms $2/15,$ net $45.$

The cost of the merchandise sold is $$28,425.$

Batson Co$.$ paid the invoice within the discount period.

Assume both Sampson and Batson use a perpetual inventory system.

Question Content Area

Journalize these transactions for Sampson Co$.$ If an amount box does not require an entry, leave it blank.

a$.$

Accounts Receivable$-$Batson Co$.$ Accounts Receivable$-$Batson Co$.$

Sales Sales

b$.$

Cost of Merchandise Sold Cost of Merchandise Sold

Merchandise Inventory Merchandise Inventory

c$.$

Cash Cash

Accounts Receivable$-$Batson Co$.$ Accounts Receivable$-$Batson Co$.$

Question Content Area

Journalize these transactions for Batson Co$.$ If an amount box does not require an entry, leave it blank.

a$.$ and b$.$

$-$ Select $--$ Select $-$

$-$ Select $--$ Select $-$

c$.$

$-$ Select $--$ Select $-$

$-$ Select $--$ Select $-$