Page K 4 > ACCOUNTING FOR NOTES RECEIVABLE Record the following notes receivable transactions: Wyoming Company received a 90-day, 11% note for $36,000, dated July 1, from C. Buss Co. on account. a. Compute the maturity date of the note. Term of Note b. Compute the maturity value of the note (use a 365-day year). 1) Compute the Interest on the note: Add the Interest and the principal: Record the receipt of payment on the note as of the maturity date from C. Buss Co. JOURNAL ENTRIES Date Accounts DR CR TRIES