A company purchased inventory for $ 2 comma 000 from a vendor on account, FOB shipping point, with terms of 2 /10, n/30 The company paid the shipper $ 0 cash for freight in The company then returned damaged goods worth $ 400 The invoice was then paid eight days after the invoice dateNov 04, 19A business sells goods to a buyer with the terms FOB shipping point freight prepaid The value of the goods is 5,000 and the settlement terms are 2/10, n/30 The freight cost from the shipping point to the buyers destination is 700 The seller prepays the freight expense1 Answer to Shore Co sold merchandise to Blue Star Co on account, $112,000, terms FOB shipping point, 2/10, n/30 The cost of the goods sold is $67,0 Shore Co paid freight of $1,800 Journalize the entries for Shore and Blue Star for the sale, purchase, and payment of amount due Refer to Answered Sales Related And Purchase Related Bartleby Terms 2/10 n/30 fob shipping point $36 000