Details of invoices for purchases of merchandae are as follows: Merchandise Freight Terms Returns and Allowances...

Transcribed Image Text:

Details of invoices for purchases of merchandae are as follows: Merchandise Freight Terms Returns and Allowances $200 a. $2,800 $45 FOB shipping point, 1/10, 1/30 A. 7,500 60 FOB destination, n/30 800 C. 1,400 55 600 FOB shipping point, 2/10, /30 d. 500 50 FOB destination, 1/10, 1/30 0 Determine the amount to be paid in full settlement of each of the invoices, assuming that credit for returns and ellowances was received prior to payment and that all invoices were i period. a. b. S within the discount Details of invoices for purchases of merchandise are as follows: Merchandise Freight Terms Returns and Allowances a. $2,800 $45 FOB shipping point, 1/10, 1/30 $200 b. 800 7,600 60 FOB destination, n/30 C. 1,400 55 FOB shipping point, 2/10, r/30 600 d. 500 50 FOB destination, 1/10, n/30 0 Determine the amount to be paid in full settlement of each of the invoices, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period. a. s b. S C. S d. S Details of invoices for purchases of merchandae are as follows: Merchandise Freight Terms Returns and Allowances $200 a. $2,800 $45 FOB shipping point, 1/10, 1/30 A. 7,500 60 FOB destination, n/30 800 C. 1,400 55 600 FOB shipping point, 2/10, /30 d. 500 50 FOB destination, 1/10, 1/30 0 Determine the amount to be paid in full settlement of each of the invoices, assuming that credit for returns and ellowances was received prior to payment and that all invoices were i period. a. b. S within the discount Details of invoices for purchases of merchandise are as follows: Merchandise Freight Terms Returns and Allowances a. $2,800 $45 FOB shipping point, 1/10, 1/30 $200 b. 800 7,600 60 FOB destination, n/30 C. 1,400 55 FOB shipping point, 2/10, r/30 600 d. 500 50 FOB destination, 1/10, n/30 0 Determine the amount to be paid in full settlement of each of the invoices, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period. a. s b. S C. S d. S

Answer rating: 100% (QA)

Calculate amount to be paid a ... View the full answer