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Prefix Supply Company received a 120-day, 7% note for $72,000, dated April 12 from a customer on account. Assume 360 -days in a year. a.

image text in transcribed Prefix Supply Company received a 120-day, 7% 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. $ 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

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