On June 8 Alton Co. issued an $77,867, 8%, l 20-day note payable to Seller Co. Assuming a 360-day year for your calculations, what is the maturity value of the note? When required, round your answer to the nearest dollar. Select the correct answer. $6,229 O$84,096 $77,867 $79,943 owed $66,017 on March 1 of the current year by signing a 30 day, 6% interest bearing note. Assuming a 360-day year, when the note is paid A business borr on March 31, the entry to record the payment should indude a Odebit to Interest Payable for $330 O debit to Interest Expense for $330 O credit to Cash for $66,017 O credit to Cash for $69,978 The journal entry used to record the issuance of an interest-bearing note for the purpose of borrowing funds for the business is O debit Accounts Payable; credit Notes Payable O debit Cash; credit Notes Payable O debit Cash and Interest Expense; credit Notes Payable O debit Notes Payable; credit Cash An employee receives an hourly rate of $34.00, with time and a half for all hours worked in excess of 40 during a week. Payroll data for the current week are as follows: hours worked, 45; federal income tax withheld, $338.00; soal security tax rate, 6.0%; and Medicare tax rate 1.5% on all earnings. What is the net amount to be paid to the employee? Select the correct answer. O$1,615.00 $1,070.88 $1,155.88 $1,192.00 On June 8, Alton Co. issued an $77,867, the note? When required, round your answer to the nearest dollar. Select the correct answer. $6,229 $84,096 $77,867 $79,943 8%, 120-day note payable to Seller Co. Assuming a 360-day year for your calculations, what is the maturity value of