Question: Show Me How Calculator Freight Terms Determine the amount to be paid in full settlement of each of two invoices, (a) and (b), assuming that
Show Me How Calculator 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. If required, round the answers to the nearest dollar. Merchandise Freight Terms Returns and Allowances Freight Paid by Seller $300 100 $2,400 FOB destination, 1/10, n/30 FOB shipping point, 2/10, 1/30 $1,400 1,050 b 3,050 X b. Feedback Crock My Work a & b. Under FOB shipping point, freight is paid by the buyer, while under FOB destination freight is the seller's expense. To determine the amount to deduct the retum before calculating the discount. Then calculate (Purchase - Rotum - Discount) applicable tright Learning Objective 2
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