Question: On March 12, Jangles Corporation received a $20,100 invoice dated March 09. Cash discount terms were 2/10, n/30. On March 16, Jangles sent an $8,040

On March 12, Jangles Corporation received a $20,100 invoice dated March 09. Cash discount terms were 2/10, n/30. On March 16, Jangles sent an $8,040 partial payment. a. What credit should Jangles receive? (Round your answer to the nearest cent.) b. What is Jangles outstanding balance? (Round your answer to the nearest cent.)

Word Problem 7-35 (Algo) [LU 7-2 (2)] On March 12, Jangles Corporation received a $20,100 invoice dated March 09. Cash discount terms were 2/10, n/30. On March 16, Jangles sent an $8,040 partial payment. a. What credit should Jangles receive? (Round your answer to the nearest cent.) Credit b. What is Jangles' outstanding balance? (Round your answer to the nearest cent.) Outstanding balance

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