Question: Sampson Co. sold merchandise to Batson Co. on account, $46,000, terms 3/15, net 45. The cost of the merchandise sold is $38,500. Batson Co. paid

Sampson Co. sold merchandise to Batson Co. on account, $46,000, terms 3/15, net 45. The cost of the merchandise sold is $38,500. Batson Co. paid the invoice within the discount period. Journalize these transactions for Sampson Co., assuming Sampson uses the gross method of recording sales discounts and has a perpetual inventory system

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