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Q5 Need this done asap. Please help me with the proper solutions. Thanks in advance. Note Receivable Hasty and Tasty Foodservice received a 120-day, 6%

Q5

Need this done asap. Please help me with the proper solutions. Thanks in advance.

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Note Receivable Hasty and Tasty Foodservice received a 120-day, 6% note for $84,000, 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

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