Determine the amount to be paid in full settlement of each of two invoices, (a) and (b), assuming that credit for returns and allowances was received prior to payment and that all invoices were paid...


Determine the amount to be paid in full settlement of each of two invoices, (a) and (b), assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period.If required, round the answers to the nearest dollar.





































Merchandise

Freight
Paid by Seller




Freight Terms

Credit for
Refunds and
Allowances

a.$7,500$100FOB shipping point, 1/10, n/30$1,800
b.3,800200FOB destination, 2/10, n/301,200


Jun 09, 2022
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