Question
Determine the amount to be paid Determine the amount to be paid in full settlement of each of the following invoices, assuming that credit for
Determine the amount to be paid
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 Returns and Allowances
a. 52300 ____ FOB destination, n/30 2700
b. 14800 $ 200 FOB shipping point, 2/10, n/30 1600
c. 19100 ____ FOB shipping point 1/10, n/30 1300
d. 6700 $ 80 FOB shipping point, 2/10, n/30 300
e. 22600 _____ FOB destination 1/10, n/30 ___
a. $ _____
b. $ _____
c. $ _____
d. $ ____
e. $ _____
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