Solution-Find the outstanding balance on an invoice

Find the outstanding balance on an invoice

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Reference no: EM131621765

Question: 1. Find the amount credited and the outstanding balance on an invoice dated August 19 if a partial payment of $500 is paid on August 25 and has terms of 3/10, 1/15, n/30. The amount of the invoice is $826

2. Campbell Sales purchased merchandise worth $745 and made a partial payment of $300 on day 13. If the sales terms were 2/15, n/30, how much was credited to the account? What was EXCEL the outstanding balance?

Reference no: EM131621765

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Find the outstanding balance on an invoice

Reference no: EM131621765

Reference no: EM131621765

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