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Instructions Shore Co. sold merchandise to Blue Star Co. on account, $30,500, terms FOB shipping point, 2/15, 1/30. The cost of the goods sold is

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Instructions Shore Co. sold merchandise to Blue Star Co. on account, $30,500, terms FOB shipping point, 2/15, 1/30. The cost of the goods sold is $18.450. Shore paid freight of $700. Jourmalize the entries for Shore and Blue Star for the sale, purchase, and payment of amount duo. Refer to the appropriate company's Chart of Accounts for exact wording or account titles

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