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Shore Co . sold merchandise to Blue Star Co . on account, ( $ 3 0 , 5 0 0 ) ,

Shore Co. sold merchandise to Blue Star Co. on account, \(\$ 30,500\), terms FOB shipping point, \(2/15\), n/30. The cost of the goods sold is \(\$ 18,450\). Shore paid freight of \(\$ 700\). Joumalize the entries for Shore and Blue Star for the sale, purchnse, and payment of amount due. Refor to the appropriate company's Chart of Accounts for exact warding of account fities.

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