Entries for notes recelvable Valley Designs issued a 120 -day, 6% note for $60,000 dated April 10 to Bork Furniture Company on account. Assume a 360 -day year. a. Determine the due date of the note. b. Determine the maturity value of the note. c1. 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. Fendsack: 7 Chock My Work The account receivable must be removed from the books and the newly issued note recelvable recorded. c2. 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