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Journalize blue star co entry for the sale

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Shore Co. sold merchandise to Blue Star Co. on account, $111,600, terms FOB shipping point, 2/10, n/30. The cost of the goods sold is $66,960. Shore paid freight of $2,000.

Problem 1: Journalize Blue Star Co.'s entry for the sale, purchase, and payment of amount due, using the net method. If an amount box does not require an entry, leave it blank.

Reference no: EM132692169

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