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Freight Terms Determine the amount to be paid in full settlement of each of two invoices, (a) and (b), assuming that credit for returns and

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Freight Terms 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. If required, round the answers to the nearest dollar, Merchandise Freight Terms Freight Paid by Seller $500 500 $5,350 4,700 FOB destination, 2/10, 1/30 FOB shipping point, 1/10, 1/30 Returns and Allowances $1,150 1.100 b b

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