Determining Amounts to B keAssignmentMaindohinvokerassignmen

Determining Amounts to B keAssignmentMaindohinvoker-assignmentsatakeAssignmentsessiont ocator-assignment-takekinprcgress fase m* eBook Showw Me How Print Item Determining Amounts to be Paid on Invoices Determine the amount to be paid in full settlement of each of the following invaices, assuming that credit for returns and allowances was received prlor payment and that all invoices were paid within the discount period. Freight Paid by Seller Merchandise Returns and Allowances FOB destination, n/30 FOB shipping point, 2/10, n/30 FOB shipping point, 2/i0 n/30 FOB shipping point, 2/10, a. $15,400 b. 9,800 $400 1,200 700 . 8,300 d. 4,100 e. 2,300 600 200 FOB destination, 1/10, n/ 30 b. c. d. Check My Work 2 more Check My Work uses remaring. 2 more Check My Work uses remaning

Solution

A. Amount to be paid: 15400 -800 = $ 14600 B. Amount to be paid: Merchandise: 9800 Add; Ffreith to be borne 400 Less: Return and allowance -1200 Less: Discount (9800-1200)2% -172 Amount to be paid: 8,828 C. Amount to be paid:; Merchandise: 8,300 Less: Return -700 Less: Discount (8300-700)2% -152 Amount to be paid:; 7448 D. Amount to be paid: Merchandise: 4,100 Less: Freight o be borne 200 Less: Return -600 Less: Discount(4100-600)2% -70 Amount to be paid: 3,630 E. Amount to be paid: Merchandise 2,300 Less: Discount (2300*1%) -23 Amount to be paid: 2,277