Question: Determine the amount to be paid in full settlement of each of invoices (a) and (b), assuming that credit for returns and allowances was received

Determine the amount to be paid in full settlement of each of invoices (a) and (b), assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discountperiod.

Freight Paid by Seller Returns and Allowances Freight Terms FOB destination, 1/10, n/30 FOB shipping point, 2/10, n/30 Merchandise la. $13,150 $450 900 $4,150 32100 5,000

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