Question: please help 1) Determine the maturity date for the note. 2) Determine the maturity value of the note. 3) Prepare journal entries for the receipt
1) Determine the maturity date for the note. 2) Determine the maturity value of the note. 3) Prepare journal entries for the receipt of the note on January 10, and the receipt of the cash on the maturity date of the note. Problem #6 - Notes Receivable ABC Company had a 95-day, 5.35\% note for $950,000, dated August 28 from a customer on account. 1) Determine the maturity date for the note. 2) Determine the maturity value of the note. 3) Prepare journol entries for the receipt of the note on April 3, and the receipt of the cash on the maturity date of the
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