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. If required, round the answers to the nearest dollar. MerchandiseFreight Paid by SellerFreight TermsReturns and Allowances a.$8,100 $500 FOB shipping point, 1/10, n/30$1,700 b.2,700 500 FOB destination, 2/10, n/30800

Amount to be paid in the full settlement:

a) Merchandise $8,100

   Freight-in        $500

   Returns        ($1,700)

   Discount          ($69) ($8,600 - 1,700)

  Full settlement $6,831

b) Merchandise $2,700

   Returns           ($800)

   Discount            ($38) ($2,700 - 800)

  Full settlement $1,862

Explanation:

Merchandise  Freight Paid         Freight Terms                         Returns &

                        by Seller                                                               Allowances

a. $8,100               $500       FOB shipping point, 1/10, n/30      $1,700

b.  2,700                 500        FOB destination, 2/10, n/30              800

Freight Terms:

a) FOB Shipping point, 1/10, n/30 means that the seller's legal liability for the goods ends at shipping point where responsibility moves to the buyer.  There is also a cash discount of 1% when the buyer pays within 10, but the net credit period is 30 days.  Usually, after the 30-day period, the sale attracts interest.

b) FOB Destination, 2/10, n/30 means that the seller's legal liability for the goods ends at the buyer's dock.  There is a cash discount of 2% to encourage payment within 10 days, but the credit period expires after 30 days.

the correct answer option is b. a single paragraph.

explanation:

when you are thinking about paragraph​ topics, you should always choose a subject that can be adequately addressed in a single paragraph.

a paragraph is a piece of writing consisting of a few sentences that deal with a single theme. it has only a single idea that the paragraph revolves around and talks about.

so a paragraph topic must be chosen wisely where a single idea can be communicated in a single paragraph.