Homework Answers
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| Answers | ||||||
| a. | 34500-1700 | 32800 | ||||
| b. | (12700-2500)+(12700-2500)*1%+330 | 10632 | ||||
| c. | (22000-4200)+(22000-4200)*1% | 17978 | ||||
| d. | (9700-1100)+(9700-1100)*2%+155 | 10272 | ||||
| e | 77100+77100*1% | 77871 |
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Determining amounts to be paid on invoices Determine the amount to be paid in full settlement...
Determining Amounts to be paid on Invoices Determine the amount to be paid in full settlement...
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: Merchandise Invoice Amount Freight Paid by Seller Customer Returns and Allowances $20,000 $1,000 12,500 $500 1,500 8,100 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...
Determining Amounts to be paid on Invoices Determine the amount to be paid in full settlement...
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: Merchandise Freight Paid by Seller Customer Returns and Allowances a. $14,100 FOB destination, n/30 $700 b. $400 10,300 7,600 FOB shipping point, 1/10, n/30 FOB shipping point, 1/10, n/30 FOB shipping point, 1/10, n/30 FOB destination,...
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Freight Terms Determine the amount to be paid in full settlement of each of two invoices,...
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Determining Amounts to be Paid on Invoices Determine the amount to be paid in full settlement...
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