Question: Freight Terms Determine the amount to be paid in full settlement of each of two voices, (a) and (b), assuming that credit for returns
Freight Terms Determine the amount to be paid in full settlement of each of two voices, (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. a. b. a. b. Merchandise (Invoice Amount) $9,350 4,100 9,363 X 3,170 Freight Paid by Seller $200 200 Freight Terms FOD destination, 2/10, n/30 FOB shipping point, 1/10, 1/30 Returns and Allowances (Invoice) Amount) $1,800 1,100
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