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Determine the amount to be paid in full settlement of the invoice assuming that credit for returns and allowances was received prior to payment and

Determine the amount to be paid in full settlement of the invoice 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 Freight terms Returns and Allowances 121000 5000 FOB shipping point, 2/10,Net30 28000

Determine the amount to be paid in full settlement of the invoice 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 Freight terms Returns and Allowances 112000 4000 FOB destination, 1/10,Net30 24000

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