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one question help Sunshine Service Center received a 120 -day, 6% note foe $40,000, dated April 12 from a customer on accounc. Assume 360 doys
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Sunshine Service Center received a 120 -day, 6% note foe $40,000, dated April 12 from a customer on accounc. Assume 360 doys per vear. a. Determine the due date of the note: b. Determine the matunty value of the note: Do not round intermediate calculations and round your finat answer to the nearest dollar. c. Jeurnaive the entry for the receipt of the perment of the note at maturity. If an amount box does net require an entry, leave it blank. Do not round intermediate calcuitations and round your final answers to the nearest doliar. Aup. 10 Step by Step Solution
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