Determine the amount to be paid in full settlement of each of two invoices (a) and (b), assuming that credit for returns and all

Question

3 years ago

11

Determine the amount to be paid in full settlement of each of two invoices (a) and (b), assuming that credit for returns and all

owances 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 Freight
Paid by Seller Freight Terms Returns and
Allowances
a. $6,100 $600 FOB shipping point, 2/10, n/30 $1,450
b. 2,900 700 FOB destination, 1/10, n/30 800
a. $
b. $

Business

1 answer:

Veronika [31] · Answer 1 · 2022-05-28T20:00:21+03:00

Veronika [31]3 years ago

7 0

Answer:

a. $ 5157.

b. $2097.

Explanation:

See attached pictures.