Entries for notes receivable

Valley Designs issued a $90-$day, $6\%$ note for $$78,000,$ dated April $15,$ to Bork Furniture Company on account. Assume $360$ days in a year when computing the

a$.$ Determine the due date of the note.

$$

b$.$ Determine the maturity value of the note.

$ $$

c$1.$ 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.

c$2.$ 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.