Olivia received an invoice for $5,000 that had payment terms of 4/10 n/30. He made...

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Accounting

Olivia received an invoice for $5,000 that had payment terms of 4/10 n/30. He made a partial payment of $2,000 during the discount period.
a. Calculate the amount credited.
b. Calculate the balance on the invoice after the partial payment was made.

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