Applewood Supplies received a payment of $864from Main Street Service on october 8 on an invoice of $1999.58 dated september 29 with terms 4/10.how much does Main Street Service still owe on the invoice?

To determine how much Main Street Service still owes on the invoice, you need to calculate the payment amount based on the terms given. The terms "4/10" typically mean that if the invoice is paid within 10 days, the buyer is eligible for a 4% discount.

Step 1: Find the 4% discount on the invoice amount:
Invoice amount = $1999.58
Discount = 4% of $1999.58 = 0.04 * $1999.58 = $79.98

Step 2: Subtract the discount from the invoice amount:
Net invoice amount (after discount) = $1999.58 - $79.98 = $1919.60

Step 3: Subtract the payment received from the net invoice amount:
Amount owed = Net invoice amount - Payment received = $1919.60 - $864 = $1055.60

Therefore, Main Street Service still owes $1055.60 on the invoice.