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Determine the amount to be paid in full settlement of each of two Involces, (a) and (b), assuming that credit for returns and allowances was
Determine the amount to be paid in full settlement of each of two Involces, (a) and (b), assuming that credit for returns and allowances was received prior to payment and that all involces were paid within the discount period. If required, round the answers to the nearest dollar. Merchandise (Invoice Amount) $9,050 4,100 Freight Paid by Seller $700 Returns and Allowances (Invoice Amount) $1,300 Freight Terms FOB destination, 2/10, n/30 FOB shipping point, 1/10, n/30 b. 600 800 a. $ b. $ Merchandise (Invoice Amount) $9,050 Freight Paid by Seller $700 Returns and Allowances (Invoice Amount) $1,300 Freight Terms FOB destination, 2/10, n/30 FOB shipping point, 1/10, 1/30 b. 4,100 600 800 a. s b. $
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