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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. Freight Paid by Seller Credit for Refunds and Allowances Merchandise Freight Terms $120,800 $1,300 do $20,100 FOB shipping point, 1/10, n/30 FOB destination, 2/10, n/30 147,700 2,100 11,400 E

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