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Note receivable Prefix Supply Company received a 1 2 0 - day, 7 % note for $ 9 6 , 0 0 0 , dated
Note receivable
Prefix Supply Company received a day, note for $ dated April from a customer on account. Assume days in a year.
a Determine the due date of the note.
b Determine the maturity value of the note.
$
c Journalize the 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.
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