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QUESTION 13 2/2 Fairfield Retailer purchased from Tom Wholeseller, on account merchandises valued at $15,000. FOB Shipping Point for $1.500 paid by cash. Credit terms

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QUESTION 13 2/2 Fairfield Retailer purchased from Tom Wholeseller, on account merchandises valued at $15,000. FOB Shipping Point for $1.500 paid by cash. Credit terms 3/10, 1/30. Fairfield Retailer uses the Periodic Inventory System 275 Fairfield Retailer returned mechandises to Tom Wholeseller valued at $4,000. 2/13 Fairfield Retailer settled the account with Tom Retailer How much cash did Fairfield Retailer paid Tom Retailer on 27137 a. 510,970 Wwwb. $10,650 c. $11.000 d. 510,780

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