Instructions First Questions Valley Designs issued a 120-day, 5% note for $82,600, dated April 10 to Bork Furniture Company on account. Required: 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 Bork Furniture and (2) receipt of payment of the note at maturity. a. Determine the due date of the note. b. Determine the maturity value of the note. Additional Instructions $ c. (1) Journalize the entry to record the receipt of the note by Bork Furniture. DATE DESCRIPTION 1 2 JOURNAL PAGE 1 ACCOUNTING EQUATION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY c. (2) Journalize the entry to record the receipt of payment of the note at maturity. DATE DESCRIPTION 1 2 3 JOURNAL PAGE 1 ACCOUNTING EQUATION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY