Freight Terms Determine the amount to be paid in full settlement of each of two invoices, (a) and (b), assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period Merchandise Freight Paid by Seller Freight Terms Credit for Refunds and Allowances a $58,600 $1,300 FOB destination, 1 10, n 30 $6,500 b 73,100 600 FOB shipping point, 2 10, n 30 3,900 a)51579 b) I need help with B

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

Freight Terms

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

	Merchandise	Freight Paid by Seller	Freight Terms		Credit for Refunds and Allowances
a.	$58,600	$1,300		FOB destination, 1/10, n/30	$6,500
b.	73,100	600		FOB shipping point, 2/10, n/30	3,900

a)51579

b) I need help with B

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