Determining Amounts to be paid on Invoices Determine the amount to be paid in full...
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Accounting
Determining Amounts to be paid on Invoices Determine the amount to be paid in full settlement of each of the following invoices, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period. Returns and Allowances Freight Pald by Seller Merchandise $1,000 b. $20,700 12,200 7,100 $500 FOB destination, n/30 FOB shipping point, 1/10, n/30 FOB shipping point, 1/10, 1/30 FOB shipping point, 2/10, n/30 FOB destination, 1/10, 1/30 1,500 600 C. 400 d. 100 2,600 3,800 e. b. $ d. $
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