credit card bill for $657 was due on April 14. Purchases of $155.56 were made on April 19. The amount $24.45 was charged on April 21 and $207.36 was charged on April 28. A payment of $500 was made on April 25. Find the average daily balance (in dollars) if the next due date is May 14. (Round your answer to the nearest cent.)
credit card bill for $657 was due on April 14. Purchases of $155.56 were made on April 19. The amount $24.45 was charged on April 21 and $207.36 was charged on April 28. A payment of $500 was made on April 25. Find the average daily balance (in dollars) if the next due date is May 14. (Round your answer to the nearest cent.)
Chapter9: Accounting For Receivables
Section: Chapter Questions
Problem 4Q: American Signs allows customers to pay with their Jones credit card and cash. Jones charges American...
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A credit card bill for $657 was due on April 14. Purchases of $155.56 were made on April 19. The amount $24.45 was charged on April 21 and $207.36 was charged on April 28. A payment of $500 was made on April 25. Find the average daily balance (in dollars) if the next due date is May 14. (Round your answer to the nearest cent.)
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