Question: Entries for Notes Receivable Autumn Designs $ Decorators issued a 120 -day, 12% note for $54,000, dated Aprij 13 to zebra Furniture Compsny on accounti

 Entries for Notes Receivable Autumn Designs $ Decorators issued a 120

Entries for Notes Receivable Autumn Designs $ Decorators issued a 120 -day, 12% note for $54,000, dated Aprij 13 to zebra Furniture Compsny on accounti Assume a 360 -day year when calculating interest: a. Determine the due date of the note. b. Determine the traturity value of the note. c1. Journalize the entry to recond the receipt of the note by Zebra Fumiture. If an amount box does not require an entry, leave it blank. 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

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