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instrum Company received a 60 day, 4% note for $46,000, dated July 23, from a customer on account. Required: a. Determine the due date of

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instrum Company received a 60 day, 4% note for $46,000, dated July 23, from a customer on account. Required: a. Determine the due date of the note. b. Dotermine the maturily yalue of the note. Assume 360 days in a year. Do not round your intermediate calculations and round your finaf answer to the nearest dollar. c. Journalize the entry to record the receipt of the payment of the note at maturity. Rofer to the chart of accounts for the exact wording of the account titles. CNOW journals do not se ines for joumat explanations. Every ine on a joumat page is used for debir or credit entries. CMOW journals wil automatically indent a credit entry whon a credit amount is entered. a. Detarmine the due date of the note. b. Determine the maturity yatue of the note. Assume 360 days in a year. Do not round your intermediafe calculations and round your final answer to the nearest doliar. c. Joumalize the entry to record the receipt of the payment of the note at maturily. Refer to the chart of accounts for the exact wording of the account Dies. CNOW joumals do not us ines for joumal explanations. Every line on a joumal page is used for debit or crodit entres. CNOW joumats will automaticaly indont a credt entry when a credit amount is entored. Question not attempted

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