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EX 6-13 Determining amounts to be paid on invoices OBJ. 2 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: a. نه - - - - b. C. d. Merchandise $20,500 31,100 24,000 11,000 42,200 Freight Paid by Seller $560 370 FOB destination, n/30 FOB shipping point, 2/10, n/30 FOB shipping point, 1/10, n/30 FOB shipping point, 2/10, n/30 FOB destination, 1/10, n/30 Customer Refunds and Allowances $4,800 5,900 1,300 1,800

EX 6-13 Determining amounts to be paid on invoices OBJ. 2 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: a. نه - - - - b. C. d. Merchandise $20,500 31,100 24,000 11,000 42,200 Freight Paid by Seller $560 370 FOB destination, n/30 FOB shipping point, 2/10, n/30 FOB shipping point, 1/10, n/30 FOB shipping point, 2/10, n/30 FOB destination, 1/10, n/30 Customer Refunds and Allowances $4,800 5,900 1,300 1,800

FINANCIAL ACCOUNTING
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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OBJ. 2 EX 6-13 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: نه - ن کا a. b. C. d. e. Merchandise $20,500 31,100 24,000 11,000 42,200 Freight Paid by Seller 1 $560 370 FOB destination, n/30 FOB shipping point, 2/10, n/30 FOB shipping point, 1/10, n/30 FOB shipping point, 2/10, n/30 FOB destination, 1/10, n/30 Customer Refunds and Allowances $4,800 5,900 1,300 1,800
Transcribed Image Text:OBJ. 2 EX 6-13 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: نه - ن کا a. b. C. d. e. Merchandise $20,500 31,100 24,000 11,000 42,200 Freight Paid by Seller 1 $560 370 FOB destination, n/30 FOB shipping point, 2/10, n/30 FOB shipping point, 1/10, n/30 FOB shipping point, 2/10, n/30 FOB destination, 1/10, n/30 Customer Refunds and Allowances $4,800 5,900 1,300 1,800
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