Transactions for Buyer and Seller

Shore Co$.$ sold merchandise to Blue Star Co$.$ on account, $$110,000,$ terms FOB shipping point, $\frac{2}{10},\frac{n}{30}.$ The cost of the goods sold is $$66,000.$ Shore paid freight of $$2,000.$

Journalize Shore Co$.\text{'}$s entry for the sale, purchase, and payment of amount due.

Journalize Blue Star Co$.\text{'}$s entry for the sale, purchase, and payment of amount due.