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Sampson Co. Sold merchandise to Batson Co., on account, $46,0000, terms 2/15, n/45. The cost of the merchandise sold is $38,500. Batson Co. paid the

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Sampson Co. Sold merchandise to Batson Co., on account, $46,0000, terms 2/15, n/45. The cost of the merchandise sold is $38,500. Batson Co. paid the invoice within the discount period. Prepare the entries for Sampson Co. for a) the sale of the merchandise and, b) the receipt of payment from Batson

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