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John handles all accounts payable for his small business. He has a bill for $200.00, dated November 12, and plans to make a partial payment
John handles all accounts payable for his small business. He has a bill for $200.00, dated November 12, and plans to make a partial payment of $61 within the discount period. If the terms of the transaction were 4/10, n/30, find the amount credited to the account and find the outstanding balance if the partial payment was made November 20. Round to the nearest cent. O A. Credit: $58.56 Balance: $141.44 O B. Credit: $61.00 Balance: $139.00 C. Credit: $63.44 Balance: $136.56 D. Credit: $63.54 Balance: $136.46
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