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Business, 27.06.2020 20:01 williamsjamon0

Transactions for Buyer and Seller Shore 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 Co. paid freight of $1,800. Assume all discounts are taken. Journalize Shore Co.'s entries for the (a) sale on account, (b) payment of freight, and the (c) collection of the amount due. (a) (b) (c)

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Transactions for Buyer and Seller Shore Co. sold merchandise to Blue Star Co. on account, $112,000,...
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