Entries for Notes Receivable Valley Designs issued a 90-day, 6% note for $54,000, dated April 17 , to Bork Furnture Company on account. Assurne 360 days in a year when computing the interest. a. Determine the due date of the note. b. Determine the maturity value of the note. x 1 x voleck Mr Wor The due date is the date the note is to ber pald. Remernber the interest rote is stated on an annual bass, while the term is expreased as days. Assume a 360 doy year. The maturity value is the amount that must be paid at the due date of the note. c1. Journalize the entry to record the recelpt of the note by Bork Furniture. If an amount box does not require an entry, leave it biank. r Check My Won At the due date, the company records the recelpt of parment on the noto. Feesoack * Check My Wor: Partially cocrect