1)our answer is partially correct.Try again.

Compute interest and find the maturity date for the following notes.(Round answers to 0 decimal places, e.g. 825)

1)our answer is partially correct. Try again. Compute interest and find the maturity date for the following notes. (Round answers to 0 decimal places, e.g. 825) Date of Note Principal Interest Rate (%) Terms (a) June 10 $85,330 7% 60 days (b) July 14 $49,400 8% 90 days (c) April 27 $11,640 9% 75 days Interest (a) Maturity Date $ x991.534 (b) $ 988 (c) $ 217.9008 June 30July 1July 10July 11July 12July 31August 1August 8August 9August 10September 30October 1October 11October 12October 13 June 30July 1July 10July 11July 12July 31August 1August 8August 9August 10September 30October 1October 11October 12October 13 June 30July 1July 10July 11July 12July 31August 1August 8August 9August 10September 30October 1October 11October 12October 13 2 QUESTION Swifty Corporation accepts from Gates Stores a $9,400, 4-month, 7% note dated May 31 in settlement of Gates' overdue account. The maturity date of the note is September 30. Calculate the interest payable at maturity. (Round answer to 0 decimal places, e.g. $155.) Interest payable at maturity $ 219.114GOOD Click if you would like to Show Work for this question: PART B Your answer is partially correct. Try again. What entry does Swifty Corporation make at the maturity date, assuming Gates pays the note and interest in full at that time? (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answer to 0 decimal places, e.g. 152.) Account Titles and Explanation XNotes Receivable XInterest Receivable GOO Interest Revenue (To record collection of Gates note and interest) Debit Credit