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Stacy's Dress Shop received a $1,090 invoice dated July 12 with 2/10, 1/15, n/60 terms. On July 26, Stacy's sent a $246 partial payment. (If
Stacy's Dress Shop received a $1,090 invoice dated July 12 with 2/10, 1/15, n/60 terms. On July 26, Stacy's sent a $246 partial payment. (If more than one discount, assume date of last discount.) a. What credit should Stacy's receive? (Round your answer to thenearest cent.)
b. What is Stacy's outstanding balance? (Round your answer to thenearest cent.)
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