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Business, 19.10.2019 00:00 sduhaime1974

Determine the amount to be paid in full settlement of each of two invoices, (a) and (b), assuming that credit for returns and allowanceswas received prior to payment and that all invoices were paid within the discount period.

merchandise freight
paid by seller
freight terms returns and
allowances
a. $90,000 $1,000 fob shipping point, 1/10, n/30 $15,000
b. 110,000 1,575 fob destination, 2/10, n/30 8,500
a. $
b. $

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Determine the amount to be paid in full settlement of each of two invoices, (a) and (b), assuming th...
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