gnment/takeAssignmentMain.do?invoker-&takeAss tor-assignment-take&tinprogress false eBook Entries for Notes Receivable Spring Designs & Decorators issued a 120-day, 4% note for $60,000, dated April i3 to Jaffe Furniture Company on account. Assume a 360-day year when calculating interest. a. Determine the due date of the note. August 11 b. Determine the maturity value of the note. Show Me How Calculator Check My Work The due date is the date the note is to be paid. Remember the interest rate is stated on an annual basis, while the term is expressed as days. Assume a 360-day year. The maturity value is the amount that must be paid at the due date of the note. At the due date, the company records the receipt of payment on the note. Journalize the entry to record the receipt of the note by Jaffe Furniture. Notes Receivable Accounts Receivable-Spring Designs Decorators c1. Previous Next 0 more Check My Work uses remaining RA 906 PM 3/17/2019