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Given the following: 29 Day Billing Cycle 4/17 Billing date previous balance $1,100 4/27 Payment...

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Question

Accounting

Given the following:

29 Day Billing Cycle

4/17 Billing date previous balance $1,100

4/27 Payment 700

4/29 Charge 300

5/7 Payjment 50

The average daily balance is:

$910.34

$755.17

$810.43

$755.71

None of these

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