$1.$ An invoice is dated Jan $1,$with the terms $1/10,$n$/45.$Which of the following statements is correct? Question $4$ options:

The invoice must be paid by Feb $15$th$.$

If the buyer pays on Jan $10,$ they will get a $10\%$ discount.

If the buyer pays on Jan $13,$ they will get a $1\%$ discount.

If the buyer pays on Jan $12,$ they will get a $1\%$ discount.

$2.$ When the terms of a sale are FOB destination, which account is debited by the seller? options:

inventory

freight in

none, the buyer pays freight

freight out

$3.$ A business used the NET METHOD to record a $$3,000$ purchase $"$on account" with terms $2/$n$30.$ They were unable to make the payment within the discount period. Which of the following is the correct journal entry to record their payment. Question $6$ options:

Accounts Payable $3,000$ Cash $3,000$

Accounts Payable $2940$ Purchase Discounts Lost $60$ Cash $3,000$

None of answers are correct

Accounts Payable $2,940$ Cash $2,940$

Make sure you list the debit and credit