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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

image text in transcribed 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. Freigh Merchandise Freight Paid by Seller a. $58,600 $1,300 Freight Terms FOB destination, 1/10, n/30 Credit for Refunds and Allowances $6,500 b. 73,100 600 FOB shipping point, 2/10, n/30 3,900 13

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