Business, 26.07.2019 04:30 audrey1256

Transactions for buyer and seller shore 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. assume all discounts are taken. journalize shore co.'s entries for the (a) sale on account, (b) payment of freight, and the (c) collection of the amount due. (a) (b) (c) journalize blue star co.'s entries for the purchase of (a) merchandise on account and the (b) payment of the amount due. (a) (b)

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Transactions for buyer and seller shore co. sold merchandise to blue star co. on account, $112,000,...

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