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Note recelvable Instructions Chart of Accounts Starting Questions Journal Instructions Lundquist Company received a 60-day, 6% note for $28,000, dated July 23, from a customer

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Note recelvable Instructions Chart of Accounts Starting Questions Journal Instructions Lundquist Company received a 60-day, 6% note for $28,000, dated July 23, from a customer on accou Required: a. Determine the due date of the note. b. Determine the maturty value of the note. Assume 360 days in a year. c. Journalize the entry to record the receipt of the payment of the note at maturity. Refer to the Chart of Accounts for exact wording of account titles Instructions Starting Questions a. Determine the due date of the note. b. Determine the maturity value of the note. Assume 360 days in a year. (Note: Round computations to the nearest whole dollar.) Instruction Chart of Account Starting Questions Journal Instructions Starting Questions Journal c. Journalize the entry to record the receipt of the payment of the note at maturity Refer to the Chart of Accounts for exact wording of account ACCOUNTING EQUATION POST RER LIABLES EQUITY

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