Shore Co. sold merchandise to Blue Star Co. on account, $112.000, terms FOB shipping point, n/30. The cost of the goods sold is $67,200. Shore paid freight of $1,800. Shore Co. issued a credit memo for $7,500 to Blue Star Co. for merchandise that was retur Journalize Shore Co.'s entry for the sale, credit memo, and payment of amount due. If an amount bax does not require an entry, leave it blank. Sale Accounts Receivable-Blue Star Co. Sales Payment Cost of Goods Sold Credit Memo Accounts Receivable-Blue Star Co. Carch Feedback Inventory Purchase Customer Refunds Payable Accounts Receivable-Blue Star Co. Inventory Payment - Estimated Returns Inventory Accounts Receivable-Blue Star Co. Inventory Accounts Payable-Shore Co Credit Memo Accounts Payable-Shore Co Inventory - V -V Accounts Payable-Shore Co. 112,000 67.200 1,800 7,500 4.000 106.300 Check My Work Note who is the buyer and who is the seller. The payment is less returns and discounts, and discounts are not taken on returns. If applicable, determine whether the buyer or seller is to pay any freight. Journalize Blue Star Co.'s entry for the purchase, credit memo, and payment of amount due. If an amount box does not require an entry, leave it blank. 113,800 112.000 7,500 67,200 106.300 1.800 7,500 4,00 106,300 113,800 7.500 106.300