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

PLEASE ANSWER ASAP!!

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 (Invoice Amount)	Freight Paid by Seller	Freight Terms		Returns and Allowances (Invoice Amount)
a.	$24,000	$300		FOB destination, 1/10, n/30	$2,000
b.	31,500	250		FOB shipping point, 2/10, n/30	2,500

a.$

b.$

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