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Business, 01.12.2021 18:10 lunaandrew332

Blue Co., the seller, sold merchandise to Green Co., the buyer, on account, for $112,000, terms OB shipping, 2/10, n/30. The cost of the merchandise sold is $67,200. Blue Co. paid the freight of $1,800. Journalize the entries for Blue Co. and Green Co. for the purchase and payment of sale. Assume all discounts were taken.

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Blue Co., the seller, sold merchandise to Green Co., the buyer, on account, for $112,000, terms OB s...

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