Determine the amount to be paid in full settlement of each

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Reference no: EM13614582

Determine the amount to be paid in full settlement ofeach of the following invoices, assuming that credit for returnsand allowances was received prior to payment and that all invoiceswere paid within the discount period.

Merchandise Transportation Returns and

Paid bySeller Allowances

$ 8,000 -- FOBShipping point, 1/10,n/30 $1,500
2,900 $125 FOB Shipping point, 2/10,n/30 400
3,850 -- FOB Destination, 2/10,n/30 --
15,000 -- FOB Destination,n/30 2,500
5,000 275 FOB Shipping point, 2/10,n/30 1,000

Reference no: EM13614582

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