Stacys Dress Shop received a $1,090 invoice dated July 8 with 2/10, 1/15, n/60 terms. On July 22, Stacys sent a $246 partial payment.
| 1. |
What amount of credit should Stacy receive? (Round your answer to 2 decimal places. Omit the “$” sign in your response.) |
| Credit | $ |
| 2. |
What is Stacys outstanding balance? (Round your answer to 2 decimal places. Omit the “$” sign in your response.) |
| Outstanding balance | $ |
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