Valley Designs issued a 120 -day, 6% note for $76,800, dated April 10 to Bork Furniture Company on account. Required: a. Determine the due date of the note. b. Determine the maturily value of the note. c. Joumalize the entries to record the following: (1) receipt of the note by Bork Fumiture and (2) receipt of payment of the note at maturity. CHART OF ACCOUNTS Bork Furniture Company General Ledger REVENUE ASSETS 410 Sales 110 Cash 111 Petty Cash 121 Accounts Receivable-Valley Designs EXPENSES 129 Allowance for Doubtful Accounts 132 Notes Receivable 510 Cost of Merchandise Sold 520 Sales Salaries Expense 141 Merchandise Inventory 521 Advertising Expense 145 Office Supplies 522 Depreciation Expense-Store Equipment 146 Store Supplies 523 Delivery Expense 151 Prepaid Insurance 524 Repairs Expense 181 Land 529 Selling Expenses 191 Store Equipment Chart of Accounts 191 Store Equipment 529 Selling Expenses 192 Accumulated Depreciation-Store Equipment 530 Office Salaries Expense 193 Office Equipment 531 Rent Expense 194 Accumulated Depreciation-Office Equipment 532 Depreciation Expense-Office Equipment 533 Insurance Expense LIABILITIES 534 Office Supplies Expense 210 Accounts Payable 535 Store Supplies Expense 211 Salaries Payable 536 Credit Card Expense 213 Sales Tax Payable 537 Cash Short and Over 214 Interest Payable 538 Bad Debt Expense 215 Notes Payable 539 Miscellaneous Expense 710 Interest Expense EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends a. Determine the due date of the note. a. Determine the due date of the note. b. Determine the maturity value of the note. Additional Instructions General Journal Instructions c. (1) Journalize the entry to record the receipt of the note by Bork Furniture. c. (2) Journalize the entry to record the receipt of payment of the note at maturity