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2. On June 20, 2020, Ahmad, Inc. writes a 60 - day, 12%, $ 40,000 note to settle an open account with Astral Solutions. Assuming
2. On June 20, 2020, Ahmad, Inc. writes a 60 - day, 12%, $ 40,000 note to settle an open account with Astral Solutions. Assuming that Ahmad, Inc. pays the note in full on its due date, how much cash will Astral Solutions record on its statement of financial position, and on what date will the cash be received? 2 points)
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