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Freight Terms Determine the amount to be paid in full settlement of each of two levoices, (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 levoices, (a) and (b), assuming that credit for returns and allowances was received prior to payment and that at Involces were paid within the discount period Freight Paid by Seller $1,300 Merchandise $120,000 147,700 Credit for Refunds and Allowances $20,100 Freight Terms FOB shipping point, 1/10, 1/30 FOB destination, 2/10, 1/30 2,100 11,400

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