Question: help please!! Entries for Notes Receivable Valley Designs issued a 90-day, 8% note for $36,000, dated April 19, to Bork Furniture Company on account. Assume

help please!! help please!! Entries for Notes Receivable Valley Designs issued a 90-day, 8%

Entries for Notes Receivable Valley Designs issued a 90-day, 8% note for $36,000, dated April 19, to Bork Furniture Company on account. Assume 360 days in a year when computing the interest. a. Determine the due date of the note. July 18 b. Determine the maturity value of the note. ci. Journalize the entry to record the receipt of the note by Bork Furniture, Notes Receivable Accounts Receivable-Valley Designs Feedback c2. Journalize 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 010 Interest Revenue

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