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Accounting 1A Class Assignment Chapter 8-Receivables Determine the due date and the amount of interest due at maturity on the following notes dated in 2020:
Accounting 1A Class Assignment Chapter 8-Receivables Determine the due date and the amount of interest due at maturity on the following notes dated in 2020: Date of Note Face Amount Interest Rate Term of Note a. January 3 $80,000 6% 120 days b. February 20 27,000 4 30 days c. May 24 62,500 8 45 days d. August 30 30,000 5 90 days e. October 4 40,000 7 90 days *February 2020 has 29 days. Assume 360 days in a year when computing the interest
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