Holsten Interior Decorators issued a 90 day, 9 note for $30,000, dated May 20, to Maderia Furniture Company on account a Determine the due date of the note b Determine the maturity value of the note c Journalize the entries to record the following (1) Receipt of the note by Maderia Furniture and (2) Receipt of payment of the note at maturity

Question: Holsten Interior Decorators issued a 90-day, 9% note for $30,000, dated May 20, to Maderia Furniture Company on account. a. Determine the due date of

Holsten Interior Decorators issued a 90-day, 9% note for $30,000, dated May 20, to Maderia Furniture Company on account.
a. Determine the due date of the note.
b. Determine the value of the note.
c. Journalize the entries to record the following:
(1) Receipt of the note by Maderia Furniture and
(2) Receipt of payment of the note at

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