Set A Determining Maturity Date 1. Find the maturity date of the following: 90-day note dated June 5 b. 90-day note dated November 9 a. Calculate Maturity Value 2. Find the maturity value of the following: a. $7,000 b. $12,000 6% 5% 9 months 80 days Recording Notes for Buyer and Seller 3. For each of the following transactions for Bloe Co. (the seller), journalize what the entry would be for the buyer. a. Accounts Receivable, Lee Co. 8,000 Sales 8,000 Sold on account to Lee Co. b. Notes Receivable 8,000 Accounts Receivable, Lee Co. Transferred to Notes Rec. 8,000 c. Cash 8,110 Notes Receivable Interest Income 8,000 110 Note paid by Lee Co. on due date