Question: Vail Ski Shop received a $1,207 invoice dated July 14 with 4/10, 3/15, n/60 terms. On July 28, Vail sent a $491 partial payment. a.

Vail Ski Shop received a $1,207 invoice dated July 14 with 4/10, 3/15, n/60 terms. On July 28, Vail sent a $491 partial payment. a. What credit should Vail receive? (Round your answer to the nearest cent.) b. What is Vails outstanding balance? (Round your answer to the nearest cent.)

Word Problem 7-39 (Algo) (LU 7-2 (2)] Vail Ski Shop received a $1,207 invoice dated July 14 with 4/10, 3/15, n/60 terms. On July 28, Vail sent a $491 partial payment. a. What credit should Vail receive? (Round your answer to the nearest cent.) Credit b. What is Vail's outstanding balance? (Round your answer to the nearest cent.) Outstanding balance

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