answer ?? : General accounting Carson Supplies of Boston sold Wilson Corporation ofPhiladelphia electronic equipment with a $12,500 listprice. Sale terms were 2/15, n/60 FOB Boston. Carsonagreed to prepay the $95 freight. Wilson pays theinvoice within the discount period. What does Wilsonpay Carson?

Step 1:FOB Boston means FOB shipping point, under which the buyer is responsible for the freight…

Answered: Carson Supplies of Boston sold Wilson…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Carson Supplies of Boston sold Wilson Corporation of Philadelphia electronic equipment with a $12,500 list price. Sale terms were 2/15, n/60 FOB Boston. Carson agreed to prepay the $95 freight. Wilson pays the invoice within the discount period. What does Wilson pay Carson?