Determining Amounts to be Paid on InvoicesDetermine the amount to be paid in full settlement of each of the following invoices, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period: Merchandise Freight Paid by Seller Customer Returnsand Allowances a. $17,200 - FOB destination, n/30 $900 b. 11,400 $500 FOB shipping point, 2/10, n/30 1,400 c. 8,100 - FOB shipping point, 1/10, n/30 700 d. 3,700 100 FOB shipping point, 1/10, n/30 500 e. 2,500 - FOB destination, 1/10, n/30 - a.$ b.$ c.$ d.$ e.$

Determining Amounts to be Paid on Invoices Determine the amount to be paid in full settlement of each of the following invoices, assuming that credit for returns and allowances was received prior to...

Determining Amounts to be Paid on Invoices

Determine the amount to be paid in full settlement of each of the following invoices, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period:

	Merchandise	Freight Paid by Seller		Customer Returns and Allowances
a.	$17,200		-		FOB destination, n/30	$900
b.	11,400		$500		FOB shipping point, 2/10, n/30	1,400
c.	8,100		-		FOB shipping point, 1/10, n/30	700
d.	3,700		100		FOB shipping point, 1/10, n/30	500
e.	2,500		-		FOB destination, 1/10, n/30	-

a.$

b.$

c.$

d.$

e.$

Jun 10, 2022

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Determining Amounts to be Paid on Invoices Determine the amount to be paid in full settlement of each of the following invoices, assuming that credit for returns and allowances was received prior to...

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