Question: For each instance below determine the amount to be paid for each invoice. Assume the returns occurred and were settled before the invoice is paid
For each instance below determine the amount to be paid for each invoice. Assume the returns occurred and were settled before the invoice is paid and if a discour is available that the invoice is paid within the discount period. Transportation paid by the seller will be included into the amount paid. a b d f ex C 8 =e-f h =g+b Trans- portation paid by Seller e =ad Amount Subject To Discount Merch- andise. Ret. & Allow Discount Net of Discount Amount Paid A $10,000 - B. 10,000 2,000 Terms FOB-D, 2/10, n/30 FOB-SP, 1/10, n/30 FOB-D, n/30 FOB-SP, 2/10,n/30 FOB-SP, 1/10, n/30 C. 12,000 $2,500 D. 2,500 100 900 E. 7,500 $400 500
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