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Stacy's Dress Shop received a $1,120 invoice dated July 15 with 5/10, 4/15, n/60 terms. On July 29, Stacy's sent a $249 partial payment. a.
Stacy's Dress Shop received a $1,120 invoice dated July 15 with 5/10, 4/15, n/60 terms. On July 29, Stacy's sent a $249 partial payment. a. What credit should Stacy's receive? (Round your answer to the nearest cent.) $ Credit b. What is Stacy's outstanding balance? (Round your answer to the nearest cent.) Outstanding balance
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