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NE Chart of Accounts First Questions Joumal Instructions Prefix Supply Company received a 60-day, 6% note for $28.000 dated July 12 from a customer on

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NE Chart of Accounts First Questions Joumal Instructions Prefix Supply Company received a 60-day, 6% note for $28.000 dated July 12 from a customer on account Required: a. Determine the due date of the note b. Determine the maturiy mahee of the note. Assume a 360-say year, c. Joumalize the entry to record the receipt of the payment of the noto at maturity. Refer to me Chart of Accounts for exact wording of account tibes First Questions Pri a. Deformine the due date of the note b. Determine the maturity value of the note. Assume a 360-day year (Note: Round computations to the nearest whole dator) Journal c. Joumalize the entry to record the receipt of the payment of the note at maturity. Refer to the Chart of Accounts for exact worting of accoune ndes JOURNAL ARCHINTINES ASSETS LABILITIES DATE DESCRIPTION POST REF DEBIT CREDIT 1 2 3

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