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   Terms       Returns and Allowances a. $13,900   -     FOB shipping point, 1/10, n/30 $700   b. 10,300   $400     FOB shipping point, 1/10, n/30 1,200   c. 8,700   -     FOB destination, 2/10, n/30 800   d. 4,300   200     FOB shipping point, 2/10, n/30 600   e. 1,400   -     FOB destination, 2/10, n/30 -     a.  $fill in the blank 1 b.  $fill in the blank 2 c.  $fill in the blank 3 d.  $fill in the blank 4 e.  $fill in the blank 5

Compute the amount to be paid for each of the four separate invoices assuming that all invoices are paid within the discount period. a. b. C. d. Merchandise (gross) $ $ $ $ 5,800 21,200 76,600 12,000 Terms 2/10, n/60 1/15, n/90 1/10, n/30 3/15, n/45 Payment

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     Returns and Allowances a. $17,000   -     FOB destination, n/30 $900   b. 10,300   $400     FOB shipping point, 1/10, n/30 1,200   c. 6,300   -     FOB shipping point, 1/10, n/30 600   d. 2,500   100     FOB shipping point, 2/10, n/30 400   e. 1,700   -     FOB destination, 2/10, n/30 -   a.  $ b.  $ c.  $ d.  $ e.  $

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 Returnsand Allowances a. $17,200   -     FOB destination, n/30 $900   b. 11,400   $500     FOB shipping point, 2/10, n/30 1,400   c. 8,100   -     FOB shipping point, 1/10, n/30 700   d. 3,700   100     FOB shipping point, 1/10, n/30 500   e. 2,500   -     FOB destination, 1/10, n/30 -     a.  $ b.  $ c.  $ d.  $ e.  $

Presented below are transactions related to Bramble, Inc. May 10 (a) 11 19 24 Purchased goods billed at $15,200 subject to cash discount terms of 2/10, n/60. Purchased goods billed at $11,800 subject to terms of 1/15, n/30. Paid invoice of May 10. Purchased goods billed at $12,300 subject to cash discount terms of 2/10, n/30. Prepare general journal entries for the transactions above under the assumption that purchases are to be recorded at net amounts after cash discounts and that discounts lost are to be treated as financial expense. (If no entry is required, select "No entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.)

What is the amount to be paid in full settlement ?

The amount of discount to be recorded if the invoice is paid within the discount period on a purchase of goods having a list price of $1,600, subject to a trade discount of 25 percent with terms 2/10, n/30, is a.$24. b.$30. c.$29.40. d.$21. e.$450.

reight Terms Determine the amount to be paid in full settlement of each of two invoices, (a) and (b), assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period.   Merchandise FreightPaid by Seller Freight Terms Returns andAllowances 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

Please answer the question correctly. Thank you.

21-The buyer received an invoice from the seller for merchandise with list price of RO 7500 and credit terms of 2/10 and n/30. The number 10 in the credit term is: a. Percentage of Cash Discount b. Credit period c. Discount period d. Trade discount