Part A.

• April 21
• August 7
• July 31
• June 30
• May 31

Part C.

1.

• Accounts Receivable
• Cash
• Interest Receivable
• Interest Revenue
• Notes Receivable
• Unearned Interest

2.

• Accounts Receivable
• Cash
• Interest Receivable
• Notes Receivable
• Notes Payable
• Unearned Interest

3.

• Accounts Receivable
• Cash
• Interest Receivable
• Interest Revenue
• Interest Payable
• Unearned Interest

Note Receivable Quick Tire and Lube received a 120-day, 8% note for $24,000, dated April 9 from a customer on account. Assume 360 days in a year. a. Determine the due date of the note. b. Determine the maturity value of the note. C. Journalize the entry to record the receipt of the payment of the note at maturity. If an amount box does not require an entry, leave it blank. Aug. 7