Determine the amount to be paid in full settlement of each invoice, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period. Returns and Allowan Merchandise Freight Paid by Seller (a) $4,500 $140 (b) $7,650 $200 Freight Terms FOB shipping point, 2/10, net 30 FOB destination, 1/10, net 45 $1,200 $450 Next Details of invoices for purchases of merchandise are as follows: (a) Merchandise Freight Terms $2,800 $45 FOB shipping point, 1/10, 1/30 7,600 60 FOB destination, n/30 1,400 55 FOB shipping point, 2/10, n/30 500 50 FOB destination, 1/10, 1/30 Returns and Allowances $200 800 600 Determine the amount to be paid in full settlement of each of the invoices, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period. (a) $ Previous Next