Chart of Accounts First Questions Journal Instructions Autumn Designs & Decorators issued a 120-day, 4% note for $76,800, dated April 13 to Zebra Furniture Company on account. Required: a Determine the due date of the note, b. Determine the matunty value of the note Assume a 360-day year when calculating interest. Do not found your intermediate calculations and round your final answer to the nearest dollar. 6. Journalize the entries to record the following: (1) receipt of the note by Zebra Furniture and (2) receipt of payment of the note maturity. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for ournal explanations. Every line on a journal page is used for debit or credit entries Cnovh ournals will automatically indent a creditent a credit amount is entered nart of Accounts CHART OF ACCOUNTS Zebra Furniture Company General Ledger ASSETS REVENUE 110 Cash 410 Sales 610 Interest Revenue 111 Petty Cash 121 Accounts Receivable-Autumn Designs & Decorators 129 Allowance for Doubtful Accounts EXPENSES 132 Notes Receivable 510 Cost of Merchandise Sold 141 Merchandise Inventory 520 Sales Salaries Expense 145 Office Supplies 146 Store Supplies 521 Advertising Expense 522 Depreciation Expense-Store Equipment 523 Delivery Expense 151 Prepaid Insurance 181 Land 524 Repairs Expense Chart of Accounts 181 Land 24 Repaus Expense 529 Selling Expenses 191 Store Equipment 192 Accumulated Depreciation Store Equipment 193 Office Equipment 530 Office Salaries Expense 531 Rent Expense 194 Accumulated Depreciation Office Equipment 532 Depreciation Expense-Office Equipmen 533 Insurance Expense LIABILITIES 534 Office Supplies Expense 535 Store Supplies Expense 210 Accounts Payable 536 Credit Card Expense 537 Cash Short and Over 211 Salaries Payable 213 Sales Tax Payable 214 Interest Payable 215 Notes Payable 538 Bad Debt Expense 539 Miscellaneous Expense 1710 Interest Expense EQUITY 310 Owner Capital 311 Owner Drawing 312 Income Summary Chart of Accounts First Questions a. Determine the due date of the note. August 11 b. Determine the matunty value of the note. Assume a 360-day year when calculating interest Do not round and round your final answer to the nearest dollar. 15 N Check hori JULI Journal Shades C. (1) Journalize the entry to record the receipt of the note by Zebra Furniture. Refer to the chart of accounts for the exact w not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will aut amount is entered Question not attempted. JOURNAL SCO DATE DESCRIPTION POST. REF DEBIT GRE 1 C (2) Joummalize the entry to record the receiot of payment of the note at matunty Refer to the chart of accounts for the exe