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Determine the amount to be paid in full settlement of each invoice, assuming that credit...

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Accounting

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. a. b. Merchandise $9,700 $6,500 a. $ b. $ Freight Paid by Seller $274 $70 Freight Terms FOB Shipping Point, 1/10, net 30 FOB Destination, 2/10, net 45 Returns and Allowances $1,000 $1,400
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Determine the omount to be paid in full settlement of each invoice, assuming that credit for returns and allowances was received prior to payment and that all involces were pald within the discount period

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