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A partial payment of $385 is made on an invoice amount of $900. The partial payment is made within the discount period. The terms of
A partial payment of $385 is made on an invoice amount of $900. The partial payment is made within the discount period. The terms of the invoice are 5/20, n/60. Find the credit allowed for the partial payment.
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Accounting
Authors: Peter J Eisen
6th Edition
143800138X, 978-1438001388
