Question: 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

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 discountperiod.

Returns and Allowances Merchandise Paid by Seller Freight FOB destination, n/30 FOB shipping point, 2/10, n/30 FOB shipping point, 1/10, n/30 FOB shipping point, 2/10, n/30 FOB destination, 2/10, n/30 $ 800 1,200 $15,000 S400 8,250 2,900 3,850 750 400 125

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