1. Sampson Co. sold merchandise to Batson Co. on account, $20,100, terms 2/15, net 45.
2. The cost of the goods sold is $15,075.
3. 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.	Accounts Receivable-Batson Co.	fill in the blank 0b60a5faf01ef82_2	fill in the blank 0b60a5faf01ef82_3
	Sales	fill in the blank 0b60a5faf01ef82_5	fill in the blank 0b60a5faf01ef82_6
b.	Cost of Goods Sold	fill in the blank 0b60a5faf01ef82_8	fill in the blank 0b60a5faf01ef82_9
	Inventory	fill in the blank 0b60a5faf01ef82_11	fill in the blank 0b60a5faf01ef82_12
c.	Cash	fill in the blank 0b60a5faf01ef82_14	fill in the blank 0b60a5faf01ef82_15
	Accounts Receivable-Batson Co.	fill in the blank 0b60a5faf01ef82_17	fill in the blank 0b60a5faf01ef82_18

Prepare the entries that Batson Company would record for the information above. If an amount box does not require an entry, leave it blank.

a.	Inventory	fill in the blank 6e91b301807301b_2	fill in the blank 6e91b301807301b_3
	Accounts Payable-Sampson Co.	fill in the blank 6e91b301807301b_5	fill in the blank 6e91b301807301b_6
b.	Accounts Payable-Sampson Co.	fill in the blank 6e91b301807301b_8	fill in the blank 6e91b301807301b_9
	Inventory	fill in the blank 6e91b301807301b_11	fill in the blank 6e91b301807301b_12
c.	Cash	fill in the blank 6e91b301807301b_14	fill in the blank 6e91b301807301b_15
		fill in the blank 6e91b301807301b_17	fill in the blank 6e91b301807301b_18