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Category > Accounting Posted 21 Apr 2017 My Price 4.00

Determining Amounts to be Paid on Invoices

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 and that all invoices were paid within the discount period:

 MerchandiseFreight

Paid by Seller Returns and

Allowancesa.$27,000      —             FOB destination, n/30$4,500      b.18,600      $475             FOB shipping point, 2/10, n/303,000      c.8,400      —             FOB shipping point, 1/10, n/30700      d.48,300      900             FOB shipping point, 2/10, n/306,500      e.33,000      —             FOB destination, 1/10, n/30—      

a. $

b. $

c. $

d. $

e. $

Answers

(15)
Status NEW Posted 21 Apr 2017 02:04 AM My Price 4.00

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