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ControlValley Designs issued a 1 2 0 - day, 4 % note for $ 7 6 , 8 0 0 , dated April 1 0
ControlValley Designs issued a day, note for $ dated April to Bork Furniture Company on account.
Required:
a Determine the due date of the note.
b Determine the maturity value of the note.
c Journalize the entries to record the following: receipt of the note by Bork Furniture and receipt of payment of the note at maturity.
a Determine the due date of the note.
b Determine the maturity value of the note.
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