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27 February, 04:24

Tune Tones Instrument Tuning Company owes Mandy Lynn's Music Studio $4,856 as of November 1. During ndise from Mandy Lynn totaling $8,495 and made payments on account November Tune Ton to Mandy Lynn in the amount of $7,250. The amount Tune Tones owe

A. $6,101

B. $3,611

C. $10,889

D. $7,250

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Answers (1)
  1. 27 February, 04:47
    0
    option (A) $6,101

    Explanation:

    Data provided in the question:

    Amount owed by Tune Tones Instrument Tuning Company = $4,856

    Purchase = $8,495

    Payments made = $7,250

    Now,

    Total amount owed on November 1 = $4,856 + $8,495

    = $13,351

    Amount owed after the payment

    = Total amount owed on November 1 - Payment made

    = $13,351 - $7,250

    = $6,101

    Hence,

    The correct answer is option (A) $6,101
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