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Freight Terms etermine the amount to be paid in full settlement of each of two invoices, (a) and (b), assuming that credit for returns and
Freight Terms etermine 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 (Invoice Amount) Freight Paid by Seller $500 Returns and Allowances (Invoice Amount) $1,100 a. $6,150 Freight Terms FOB destination, 2/10, n/30 FOB shipping point, 1/10, n/30 b 4,600 400 900 b. s
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