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Practice Do It! Review 02 a-b (Part Level Submission) Cheyenne Wholesalers accepts from Benton Stores a $23,550, 4-month, 8% note dated May 31 in settlement

Practice Do It! Review 02 a-b (Part Level Submission)

Cheyenne Wholesalers accepts from Benton Stores a $23,550, 4-month, 8% note dated May 31 in settlement of Bentons overdue account.

(a)

What is the maturity date of the note?

Maturity date of the note

September 1September 30October 1October 31

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