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URGENT!! Exercise 8-1 Calculate the due date for each of the following notes: Begin Date a) May 10 b) April 9 c) January 1 d)
URGENT!!
Exercise 8-1 Calculate the due date for each of the following notes: Begin Date a) May 10 b) April 9 c) January 1 d) October 25 Terms 90 days 30 days 60 days 60 days a. May 10 b. April 9 c. January 1 d. October 25 152 Exercise 8-2 Calculate the interest te the interest on each of the notes listed below: Time Principal a) $600 b) $12,000 c) $550 Rate 12% 10% 60 days 30 days 90 days 18% Exercise 8-3 Refer to exercise 8-2. Calculate the maturity value for each of the notes. Problem 8.1 GENERAL JOURNAL Debit Account Title Problem 8-2 GENERAL JOURNAL Account Title Problem 8 - 3 Date Principal Rate Rate Time Due Date Interest Maturity Value 15-kep $2,500 60 days $100 18% 10 days 7-Apr 5-Mar $955 10% 90 days 3-Jan $1,800 12% 5-kor $1,350 16% 10% 120 days 30 days 90 days 4-Aue $5,000 Step by Step Solution
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