Question: I need help with this question. Thank you! ransactions for Buyer and Seller hore Co. sold merchandise to Blue Star Co. on account, $112,000, terms
I need help with this question. Thank you!

ransactions for Buyer and Seller hore Co. sold merchandise to Blue Star Co. on account, $112,000, terms FOB shipping point, 2/10, n/30. The cost of the merchandise sold is $67,200. Shore 0 ovid freight of $1,800. Assume all discounts are taken. Journahize Shore Co:'s entries for the (a) sale on account, (b) payment of freight, and the (c) collection of the amount due. Journalize Blue Star Co.'s entries for the purchase of (a) merchandise on account and the (b) payment of the amount due. (a) (b)
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