Details of invoices for purchases of merchandise are as follows:
What will be the total amount collected on all four invoices, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period.

Question

Details of invoices for purchases of merchandise are as follows:  
 What will be the total amount collected on all four invoices, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period.

Quizplus · Accepted Answer

Invoice A: $2,800 - $200 - $26 + $45 = $2,619.
Invoice B: $7,600 - $800 = $6,800.
Invoice C: $1,400 - $600 - $16 + $55 = $839.
Invoice D: 500 - $5 = $495.
 
Total for the four invoices: $2,619 + $6,800 + 839 + 495 = $10,753

Details of Invoices for Purchases of Merchandise Are as Follows $$10,863