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May I please have help with this, thank you Transactions for Buyer and Seller Shore Co. sold merchandise to Blue Star Co. on account, $110,700,
May I please have help with this, thank you
Transactions for Buyer and Seller Shore Co. sold merchandise to Blue Star Co. on account, $110,700, terms FOB shipping point, 2/10, 1/30. The cost of the goods sold is $66,420. Shore paid freight of $2,000 Journalize Shore Co.'s entry for the sale, purchase, and payment of amount due, using the net method under a perpetual inventory system. If an amount box does not require an entry, leave it blank Accounts Receivable-Blue Star Co. Sales Cost of Goods Sold Inventory II II II II II II II I. Accounts Receivable Blue Star Co. Cash Accounts Receivable Blue Star Co. Joumalize Blue Star Co's entry for the sole purchase, and payment of amount due. If an amount box does not require an entry, leave it blonk
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