okmarks WindowHelp 8991 Wed 1055 AM Determining Amounts to b

okmarks WindowHelp 8991- Wed 10:55 AM Determining Amounts to be Paid on Invoices Determine the amount to be paid in fun settlement or each of the following mveices, ass ming that oede for retums and stowaces was received that all invoices were paid within the discount peried Noen snd Freight Paid by Merchandise a. $21,100 b 12,400 6,600 3,900 FOB destination, v30 FOB shipping point, /10, /3o ro? tipping point, 2na, n/30 FOB shipping point, 1/10, /3 FOB destination, 2/LD,/3 3,100 500 5 0

Solution

a. Amount to be paid in full settlement = $21,100 - $1,100 = $20,000

b. Amount to be paid in full settlement = $12,400 - $1,500 - $109 + $500 = $11,291

c. Amount to be paid in full settlement = $6,600 - $600 - $120 = $5,880

d. Amount to be paid in full settlement = $3,900 - $500 - $34 + $200 = $3,566

e. Amount to be paid in full settlement = $3,600 - $72 = $3,528