Entries for Notes Receivable alley Designs issued a 90-day, 9% note for $24,000, dated April 22, to Bork Furniture Company on account. Assume 360 days in a year when computing the interest. . Determine the due date of the note. July 21 Determine the maturity value of the note. 1. 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. Notes Receivable Accounts Recable-Valley Designs Foodback Check My Work dropdown 38 The account receivable must be removed from the books and the newly issued note receivable recorded. 2. 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. Cash Notes Receivable Interest Revenue