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Question Content Area Transactions for buyer and seller Shore Co . sold merchandise to Blue Star Co . on account, $ 1 1 0 ,

Question Content Area
Transactions for buyer and seller
Shore Co. sold merchandise to Blue Star Co. on account, $110,800, terms FOB shipping point, n/30. The cost of the goods sold is $66,480. Shore paid freight of $1,900. Shore Co. issued a credit memo for $7,600 to Blue Star Co. for merchandise that was returned. The cost of the merchandise returned was $3,600.
Question Content Area
Journalize Shore Co.'s entry for the sale, credit memo, and payment of amount due. If an amount box does not require an entry, leave it blank.

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