Question
On March 14, Jangles Corporation received a $20,300 invoice dated March 11. Cash discount terms were 4/10, n/30. On March 18, Jangles sent an $8,120
On March 14, Jangles Corporation received a $20,300 invoice dated March 11. Cash discount terms were 4/10, n/30. On March 18, Jangles sent an $8,120 partial payment. a. What credit should Jangles receive? (Round your answer to thenearest cent.)
b. What is Jangles' outstanding balance? (Round your answer to the nearest cent.)
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College Algebra
Authors: Murray R Spiegel, Robert E Moyer
4th Edition
0071825851, 9780071825856
