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Note Receivable Same Day Surgery Center received a 120-day, 10% note for $12,000, dated April 9 from a customer on account, Assume 360 days in
Note Receivable Same Day Surgery Center received a 120-day, 10% note for $12,000, dated April 9 from a customer on account, Assume 360 days in a year 3. Determine the due date of the note August b. Determine the maturity value of the note c. Joumalize the entry to record the receipt of the payment of the note at matunty, If an amount box does not require an entry, leave it blank Aug. 7 ll! lll
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Accounting For Managers Interpreting Accounting Information For Decision Making
Authors: Paul M. Collier
5th Edition
111900294X, 978-1119002949
