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Lone Star Company received a 90-day, 6% note for $80,000, dated March 12 from a customer on account. (Assume a 360-day year when calculating interest.)

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Lone Star Company received a 90-day, 6% note for $80,000, dated March 12 from a customer on account. (Assume a 360-day year when calculating interest.) a. Determine the due date of the note. May 10 e maturity value of the note une 10 uly 10 b. D e entry to record the receipt of the payment of the note at maturity. If an amount box does not require an entry, leave it blank or enter "Oo" June 10 Previous Next Email Instructor Submit Test for Grading All work saved

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