Compute the amount to be paid for each of the four separate invoices assuming that all invoices are paid within the discount period. Merchandise Terms Payment (gross) a. $ 9,400 2/10, n/60 b. $ 26,600 1/15, n/90 c. $ 83,800 1/10, n/30 d. $ 21,000 3/15, n/45
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- Compute the amount to be paid for each of the four separate invoices assuming that all invoices are paid within the discount period. Merchandise Terms Payment (gross) а. $ 10,000 2/10, n/60 b. $ 27,500 1/15, n/90 C. $ 85,000 1/10, n/30 d. 22,500 3/15, n/45 %24Compute the amount to be paid for each of the four separate invoices assuming that all invoices are paid within the discount period. Merchandise Terms Рayment (gross) $ 10,000 2/10, n/60 а. b. 27,500 1/15, EOM C. 85,000 1/10, n/30 d. 22,500 3/15, n/45Compute the amount to be paid for each of the four separate invoices assuming that all invoices are paid within the discount period. Merchandise Payment (gross) Terms 2/10, n/60 a. b. 1/15, EOM C. 1/10, n/30 d. 3/15, n/45 $ 6,800 22,700 78,600 14,500
- Compute the amount to be paid for each of the four separate invoices assuming that all invoices are paid within the discount period merchandise (gross) Terms a. $8,000 2/10,n/60 b. 24,500 1/15, EOM c. 81,000 1/10, n/30 d. 17,500. 3/15, n/45Compute the amount to be paid for each of the four separate invoices assuming that all invoices are paid within the discount period. Merchandise Terms Payment (gross) a. $ 8,800 2/10, n/60 b. $ 25,700 1/15, n/90 C. $ 82,600 1/10, n/30 d. $ 19,500 3/15, n/45Question :) 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.
- Assume the following information: merchandise is sold on account to customer for P120,000, FOB Shipping Point, 2/10, n/30. The seller paid transportation cost of P6,000. What is the amount of remittance due within the discount period?Merchandise invoiced at $8,900 is sold on terms 1/10, n/30. If the buyer pays within the discount period, what amount will be reported on the income statement as net sales?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. $14,800 - FOB shipping point, 1/10, n/30 $700 b. 11,500 $500 FOB shipping point, 1/10, n/30 1,400 c. 5,200 - FOB destination, 2/10, n/30 500 d. 4,300 200 FOB shipping point, 2/10, n/30 600 e. 3,600 - FOB destination, 2/10, n/30 -
- 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.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. $21,800 - FOB shipping point, 1/10, n/30 $1,100 b. 12,000 $500 FOB shipping point, 1/10, n/30 1,400 c. 6,500 - FOB destination, 1/10, n/30 600 d. 2,900 100 FOB shipping point, 1/10, n/30 400 e. 3,600 - FOB destination, 1/10, 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 5Determine 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: Freight Paid by Seller Customer Returns and Allowances Merchandise $14,000 FOB destination, n/30 $3,250 a. b. $380 FOB shipping point, 2/10, n/30 FOB shipping point, 1/10, n/30 FOB shipping point, 2/10, n/30 21,200 4,000 16,400 C. 900 d. 7,500 250 1,200 FOB destination, 1/10, n/30 28,800 e.