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Transactions for buyer and seller Instructions Chart of Accounts-Shore Co. Chart of Accounts Blue Star Co. Journal-Shore Co. Instructions Shore Co. nold merchandise to Blue

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Transactions for buyer and seller Instructions Chart of Accounts-Shore Co. Chart of Accounts Blue Star Co. Journal-Shore Co. Instructions Shore Co. nold merchandise to Blue Star Co. on socount, 822,400, terms FOB shipping point, 2/16, 1/30. The cost of the Good Sci 817,600, Store puie treget af 9000. of Journalize the entries for Share and Blue Star for the salo, purchase, and payment of amount dum using the net method under a perpetual inventory system. Hantur 13 the appliceran company's Chart of Accounts for exact wording of account es Chart of Accounts-Shore Co. HODEIS REVENUE 110 Cash 410 Sales 610 Rent Revenue 121 Accounts Receivable-Blue Star Co. 125 Notes Receivable EXPENSES 501 Cost of Goods Sold 130 Inventory 140 Office Supplies 141 Store Supplies 142 Prepaid Insurance 180 Land 192 Store Equipment 193 Accumulated Depreciation Store Equipment 194 Office Equipment 195 Accumulated Depreciation Office Equipment 521 Delivery Expense 522 Advertising Expense 524 Depreciation Expense-Store Equipment 525 Depreciation Expense-Office Equipment 531 Rent Expense 533 Insurance Expense 534 Store Supplies Expense 535 Office Supplies Expense 536 Credit Card Expense 539 Miscellaneous Expense 710 Interest Expense LIABILITIES 210 Accounts Payable 218 Sales Tax Payable 219 Customer Refunds Payable 220 Unearned Rent 221 Notes Payable EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends Joumalize the entries for Shore Co, for the sale and payment of the amount ou. For practing purposes, use December 31 as the date for all actions. Peter to the comprato companys Chart of Accounts for exact wording of account JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POSTRE DET CH AGE LES UTY 1 1 EQUITY 310 Common Stock

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