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Determining Amounts to be paid on Invoices Determine the amount to be paid in full settlement of each of the following invoices, assuming that credit
Determining Amounts to be paid on Invoices Determine the amount to be paid in full settlement of each of the following invoices, assuming that credit for returns and slowances was received price to payment and that all invoices were paid within the discount period Freight Paid by Seller Customer Returns and Allowances $1,000 Merchandise Invoice Amount $19,300 9,400 7.600 $400 b. 1,100 700 FOB destination, I30 FOB shipping point, 2/10, 1/30 FOB shipping point, 2/10, 1/30 FOB shipping point 2/10, 1/30 FOB destination, 2/10, 1/30 C 400 100 d 2,700 e. 1,500 b. C. lllll d. e
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