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Note Receivable Same Day Surgery Center received a 120-day, 6% note for $24,000, dated April 9 from a customer on account. Assume 360 days in
Note Receivable Same Day Surgery Center received a 120-day, 6% note for $24,000, dated April 9 from a customer on account. Assume 360 days in a year. a. Determine the due date of the note. August 7 RS b. Determine the maturity value of the note. Feedback Check My Work 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. Aug. Cash Notes Receivable Interest Revenue Feedback
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