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ALGO ALGO ALGO ALGO 22/24 items Entries for notes receivable Valley Designs issued a 90-day, 12% note for $78,000, dated April 22, to Bork
ALGO ALGO ALGO ALGO 22/24 items Entries for notes receivable Valley Designs issued a 90-day, 12% note for $78,000, dated April 22, to Bork Furniture Company on account. Assume 360 days in a year when computing the interest a. Determine the due date of the note. July 21 b. Determine the maturity value of the note. c1. Journalize the entry to record the receipt of the note by Bork Furniture. If an amount box does not require an entry, leave it blank Account Debit Credit c2. Journalize the entry to record the receipt of payment of the note at maturity. If an amount box does not require an entry, leave it blank. Debit Credit Account Previous Next All work saved Email auctor Submit Test for Grang
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