Determining Amounts to be Paid on Invoices Determine the amount to be paid in fu

Question

Determining Amounts to be Paid on Invoices Determine the amount to be paid in full settlement of each of the following invoices, assuming that credit for returns and allowances was received prior to payment invoices were paid within the discount period. Freight Paid by Seller Returns and Allowances Merchandise a. 19,800 b. 9,800 c. d. 4,300 e 3,200 FOB destination, n/30 FOB shipping point, 2/10, n/30 FOB shipping point, 2/10, n/30 FOB shipping point, 1/1o, n/30 FOB destination, 1/10, n/30 1,000 1,200 600 600 $400 200 C. d.

Explanation / Answer

Merchandise Freight paid be seller Return Amount for full settlement a 19800 0 1000 18800 b 9800 400 1200 9000 c 6800 0 600 6200 d 4300 200 600 3900 e 3200 0 0 3200 a. $18,800 b $9,000 c $6,200 d $3,900 e $3,200

Related Questions

Navigate

• Browse (All)
• Browse D
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.