1921 URINE teaching and learning resource from Cengage Learning a. Sampson Co. sold merchandise to Batson Co. on account, $29,200, terms 2/15, net 45. b. The cost of the goods sold is $21,900. 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. Accounts Receivable-Batson Co. Sales 29,200 29,200 b. Cost of Goods Sold Inventory 21,900 21,900 c. Cash Accounts Payable-Batson Co. 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 Accounts Payable-Sampson Co. b. Accounts Payable-Sampson Co. Inventory c. Accounts Payable-Sampson Co. Cash Previous Next> All work saved. Email Instructor Submit Test for Grading