Valley Designs issued a 90-day, 10 note for $24.000, dated April 17 to Bork Furniture Company on account, Assume 160 days in a year when computing the interest .. Determine the due date of the rote: July 16 b. Determine the matunty value of the note www The date in the date the note is to be paid Remember the interest rate la ated on an annual while the term Adeyyen the morty value them that matter date of the not c. Journaline the entry to record the receipt of the noteby Bork Furniture, if an amount box does not require an entry leave Man Notes Receivable Accounts Receivable-Valley Designs TO The account receivable must be removed from the books and the table recorded c2. Joumalize the entry to record the receipt of payment of the note at maturity. If an amount box does not require an entry, leave it blank. Cash Notes Receivable 59 Interest Revenue