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Do Iti Review 8-3 Swifty Corporation accepts from Gates Stores a $9,40 4-month 7% note dated May 31 in settlement of Gates overdue account. The

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Do Iti Review 8-3 Swifty Corporation accepts from Gates Stores a $9,40 4-month 7% note dated May 31 in settlement of Gates overdue account. The maturity date of the fete is september 30. Your answer is correct Calculate the interest payable at maturity. (Round answer to o declmal places, e.g. sIS5.) Interest payable at maturity 219 SHOW LIST OF ACCOUNTS sHoW LK TO TEK 2] Your answer is partially correct. Try again. What entry does Swifty Cerporation make at the maturity date, assuming Gates pays the note and interest in full at that time? (Credit account titles are automatically indented when amount is entered. Do not indent manually, Round answer to O decimal places e.g. 152.) Account Titles and Explanation Notes Receivable Debit Credit Interst Receivable Your answer is partially correct. Try again. What entry does Swifty Corporation make at the maturity date, assuming Gates pays the note and interest in full at that time? (Credit when amount is entered. Do not indent manually. Round answer to 0 decimal places,e.g.152.) Account Titles and Explanation Debit Credit Notes Receivable 9400 Interest Receivable 219 Cash 9619 To record collection of Gates note and interest) Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT

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