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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: a. b. C. d. e. a. $ b. $ c. $ d. $ e. $ Merchandise Invoice Amount $22,100 11,500 5,000 2,700 1,600 Freight Paid by Seller $500 100 FOB destination, n/30 FOB shipping point, 1/10, n/30 FOB shipping point, 1/10, n/30 FOB shipping point, 1/10, n/30 FOB destination, 2/10, n/30 Customer Returns and Allowances $1,100 1,400 500 4 400
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Determining amounts to be paid on involces Determine the amount to be paid in full settlement of each of the following invoices, assurning that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period

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