Question
On May 14, Bentley Company received a $75,000, 8%, 90 day note from a customer for the sale of merchandise. What is the maturity date
- On May 14, Bentley Company received a $75,000, 8%, 90 day note from a
customer for the sale of merchandise.
What is the maturity date of this note?
What is the maturity value of this note?
Record the journal entries on May 14 and the maturity date for Bentley
Company, the payee on the note.
May 14:
Maturity Date:
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Essentials Of Marketing
Authors: David Brown, Alex Thompson
1st Edition
0367773422, 9780367773427
