Transactions for Buyer and Seller Shore Co. sold merchandise to Blue Star Co, on account, $111,900, terms FOB shipping point, 2/10, n/30. The cost of the goods sold is $67,140. Shore paid freight of $1,800. Journalize Shore Co.'s entry for the sale, purchase, and payment of amount due. Journalize Blue Star Co.'s entry for the sale, purchase, and payment of amount due.