Spring Designs & Decorators issued a 180-day, 6% note for $76,800, dated April 13 to Jaffe Furniture Company on account Required: A. Determine the due date of the note. B. Determine the maturity value of the note. Assume a 360-day year when calculating interest. C. Journalize the entries to record the following: (1) rocajpr of the note by Jaffe Furniture and (2) receipt of payment of the note at maturity. Refer to the Chart of Accounts for exact wording of accountitles. ceived Chart of Accounts a 12 CHART OF ACCOUNTS Jaffe Furniture Company General Ledger REVENUE ASSETS ccount. 110 Cash 410 Sales 610 Interest Revenue 111 Petty Cash 121 Accounts Receivable-Spring Designs & Decorators 129 Allowance for Doubtful Accounts EXPENSES box does Check My Work 2 more Check My Work uses remaining Previous Next > eBook SHOW CHOW Pem Starting Questions A. Determine the due date of the note. B. Determine the maturity value of the note. Aesume a 360-day year when calculating interest. Journal C. (1) Joumalize the entry to record the receipt of the note by Jane Furniture. Refer to the Chart of Accounts for exact wording of account bites JOURNAL DESCRIPTION DEBIT CREDIT ASSETS Check My Work 2 more Check My Work uses remaining JOURNAL C. (2) Joumake the entry to record the recept of payment of the note at maturity Refer to the Chart of Accounts for exact wording of account JOURNA box doc Check My Work 2 more Check My Work uses remaining