Transactions for Buyer and Seller Shore Co. sold merchandise to Blue Star Co. on account, $111,200, terms FOB shipping point, 2/10, nv/30. The cost of the goods sold is $66,720. Shore paid freight of $1,900 Journalize Shore Co's entry for the sale, purchase, and payment of amount due. Accounts Receivable-Blue Star Co. 1089, V Sales 108.976 Cost of Goods Sold Inventory 66720 Accounts Recelvable-Blue Star Co. 1,900 Cash 1,900 Cash y 110876 Accounts Receivable-Blue Star Co. 11076 Note who is the buyer ans who is the seller The payment is less retums and discounts, and discounts are not taken on returns. if applicable, determine whether the buyer or seilier is to pay any treight Leaming Objeative 2