Transactions for buyer and seller Shore Co. sold merchandise to Blue Star Co. on...
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Accounting
Transactions for buyer and seller
Shore Co sold merchandise to Blue Star Co on account, $ terms FOB shipping point, The cost of the goods sold is $ Shore paid freight of $ Shore Co issued a credit memo for $ to Blue Star Co for merchandise that was returned. The cost of the merchandise returned was $
Journalize Shore Cos entry for the sale, credit memo, and payment of amount due. If an amount box does not require an entry, leave it blank.
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