Question: please answer asp thank you Determine the amount to be paid in full settlement of each invoice, assuming that credit for returns and allowances was
Determine the amount to be paid in full settlement of each invoice, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period. (8 points) Returns and Allowances S1,200 (a) Merchandise Freight Paid by Freight Terms Seller $4,500 $140FOB shipping point, 2/10, net 30 7,650 S200FOB destination, 1/10, net 45 b) 450
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