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Calculate (A)amount to Be Credited and (B)balance Outstanding

Question 98

Short Answer

Calculate (A)amount to be credited and (B)balance outstanding:
 Invoice  Payment  Amount to be  Balance  Amount  Terms  Invoice Date  Amount  Date Paid  credited  Outstanding $3,0002/10,n/30 July 5th $600 July 14th  (A)  (B) \begin{array} { | l | l | l | l | l | l | l | } \hline \text { Invoice } & & & \text { Payment } & & \text { Amount to be } & \text { Balance } \\\text { Amount } & \text { Terms } & \text { Invoice Date } & \text { Amount } & \text { Date Paid } & \text { credited } & \text { Outstanding } \\\hline \$ 3,000 & 2 / 10 , \mathrm { n } / 30 & \text { July 5th } & \$ 600 & \text { July 14th } & \text { (A) } & \text { (B) } \\\hline\end{array}

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A. $612.24...

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