Blue Group provides many of the laminated products that teachers use in their classrooms. Blue management considers the company to also be quite green, as it captures the small cut-out pieces and sells them to an organization that uses them in its production of plastic tableware. To date, Blue has treated these cut-outs as a by-product, since it receives a small value for the items upon sale. The quantities and values of both the main laminated products and the small cut-outs, created in a joint process that costs $1,800, are as follows. Both products are sold at the split-off point and not processed further. All sales are on account. Record the journal entries for the following transactions for Blue under the sales method of accounting for by-products. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) 1. The completion of all products (main product and by-product). 2. The sale of all the main product. 3. The sale of all the by-product. No. Account Titles and Explanation Debit Credit 1. 2. (To record sales) (To record cost of goods sold) 3