On June 8, Alton Co. issued an $30,000, 6%, 120-day note payable to Seller Co. What is the date of the rate? a. October 8 b. October 7 c. October 6 d. October 5 On June 8, Alton Co. issued an $90,000, 6%, 120-day note payable to Seller Co. Assuming a 360-dyay year for your calculations, what is the maturity value of the note? a. $90,450 b. $90,000 c. $91,900 d. $95,000 A business barrowed on March 1 of the current year by a 30-day, 9% interest bearing rate. What the is paid on March 31, the entry to record the payment should include a