Valley Designs issued a 120-day, 10% note for $90,200, dated April 15 to Bork Furniture Company on account.

Instructions Valley Designs issued a 120-day, 10% note for $90.200, dated April 15 to Bork Furniture Company on account. Required: A. Determine the due date of the note, 8. Determine the maturity value of the note. Assume a 360-day year. Round your answer to the nearest dollar C. Journakze the entries to record the following: (1) receipt of the note by Bork Furniture and (2) receipt of payment of the note at maturity. Refer to the Chart of Accounts for exact wording of account nines. Round your answer to the nearest domar. Check My Work ignment Score: 66.58% All work saved. Email Instructor Sau MacBook CHART OF ACCOUNTS Bork Furniture Company General Ledger ASSETS REVENUE 110 Cash 410 Sales 610 Interest Revenue 111 Petty Cash 121 Accounts Receivable-Valley Designs 129 Allowance for Doubtful Accounts EXPENSES 510 Cost of Merchandise Sold 520 Sales Salaries Expense 132 Notes Receivable 141 Merchandise Inventory 145 Office Supplies 146 Store Supplies 151 Prepaid Insurance 521 Advertising Expense 522 Depreciation Expense-Store Equipment 523 Delivery Expense 524 Repairs Expense 529 Selling Expenses 530 Office Salaries Expense 181 Land 191 Store Equipment 192 Accumulated Depreciation Store Fouinment ASSETS REVENUE 110 Cash 410 Sales 610 Interest Revenue EXPENSES 510 Cost of Merchandise Sold 111 Petty Cash 121 Accounts Receivable-Valley Designs 129 Allowance for Doubtful Accounts 132 Notes Receivable 141 Merchandise Inventory 145 Office Supplies 146 Store Supplies 151 Prepaid Insurance 181 Land 520 Sales Salaries Expense 521 Advertising Expense 522 Depreciation Expense-Store Equipment 523 Delivery Expense 524 Repairs Expense 529 Selling Expenses 530 Office Salaries Expense 531 Rent Expense 532 Depreciation Expense-Office Equipment 533 Insurance Expense 191 Store Equipment 192 Accumulated Depreciation-Store Equipment 193 Office Equipment 194 Accumulated Depreciation Office Equipment LIABILITIES 534 Office Supplies Expense 193 Office Equipment 194 Accumulated Depreciation Office Equipment 531 Rent Expense 532 Depreciation Expense-Office Equipment 533 Insurance Expense 534 Office Supplies Expense 535 Store Supplies Expense LIABILITIES 536 Credit Card Expense 210 Accounts Payable 211 Salaries Payable 213 Sales Tax Payable 214 Interest Payable 537 Cash Short and Over 215 Notes Payable 538 Bad Debt Expense 539 Miscellaneous Expense 710 Interest Expense EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends 313 Income Summary First Questions A. Determine the due date of the note. B. Determine the maturity value of the note. Assume a 360-day year. Round your answer to the nearest dollar Journal Shaded calls have feedback X (1) Joumare the entry to record the receipt of the note by Bork Furniture. Refer to me Chut of Accounts for exact wording of accounts. Round your anto to the nearest dollar Question not attempted. PAGES JOURNAL Score: 0/25 ACCOUNTING EQUATION DATE DESCHPTION POSTE OT CREDIT ASSETS LATES QUITY 1 2 Points 075