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Shore Co. sold merchandise to Blue Star Co on account $112,000, terms FOB shipping point, 2/10, n/30. The t of the goods sold is $67.200.
Shore Co. sold merchandise to Blue Star Co on account $112,000, terms FOB shipping point, 2/10, n/30. The t of the goods sold is $67.200. Shore Co paid freight of $1,800. Journalize the entries for Shore and Blue Star for the sale purchase and payment of amount due Refer to the appropriate company's Chart of Accounts forexact wording
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