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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. a. Determine

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.

a. Determine the amount of the sale. $

b. Determine the increase to Accounts Receivable. $

c. Determine the amount of the discount for early payment. $

d. Determine the amount due within the discount period. $

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