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Business, 17.10.2020 21:01 snowysophia7987

Transactions for Buyer and SellerShore Co. sold merchandise to Blue Star Co. on account, $112,000, terms FOB shipping point, 2/10, n/30. The cost of the merchandise sold is $67,200. Shore Co. paid freight of $1,800.Journalize Shore Co.'s entry for the sale, purchase, and payment of amount due. Accounts Receivable-Blue Star Co. Sales Cost of Merchandise Sold Merchandise Inventory Common Stock Cash Cash Accounts Receivable-Blue Star Co. Journalize Blue Star Co.'s entry for the sale, purchase, and payment of amount due. Merchandise Inventory Accounts Payable-Shore Co. Accounts Payable-Shore Co. Cash

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Transactions for Buyer and SellerShore Co. sold merchandise to Blue Star Co. on account, $112,000, t...

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