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please help me with this thank you Prefix Supply Company received a 120-day, 8% note for $72,000, dated April 12 from a customer on account.
please help me with this thank you
Prefix Supply Company received a 120-day, 8\% note for $72,000, dated April 12 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. Faetsoch rcleck My Work The due date is the date the note is to be paid. Assume a 360 day year. The maturity value is the amount that must be paid at the doe date 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. Fentiace rones Mi wat At the due dWe the company roconte the reced of payeant on the rete Step by Step Solution
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