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E4-10 Obj. 3, 4 d. 58,220 E4-10 Sales-related transactions Merchandise is sold on account to a customer for $8,000, terms FOB shipping point. 1/10. n/30.

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Obj. 3, 4 d. 58,220 E4-10 Sales-related transactions Merchandise is sold on account to a customer for $8,000, terms FOB shipping point. 1/10. n/30. The seller paid the freight of $300. Determine the following: (a) amount of the sale, (b) amount of increase to Accounts Receivable, (c) amount of the discount for early pay. ment, and (d) amount due within the discount period

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