On March 1, Shore Co. sold merchandise to Blue Star Co. on account, $112,000, terms EOB shipping point 2710, n/30. The cost of the merchandise sold is $67,200. Shore Co. paid freight of $1,800 and on March 9 received the amount due. Journalize the entries for Shore Co. and Blue Star Co. for the sale, purchase, and payment of the amount due. Refer to the appropriate company's Chart of Accounts for exact wording of account titles. Chart of Accounts-Shore Co.