Question: Spring Designs Decorators issued a 180-day, 7% note for $65,400, dated April 13 to Jaffe Furniture Company on account. Instructions Spring Designs Decorators issued a

Spring Designs Decorators issued a 180-day, 7% note for $65,400, dated April 13 to Jaffe Furniture Company on account.Spring Designs Decorators issued a 180-day, 7% note for $65,400, dated April13 to Jaffe Furniture Company on account. Instructions Spring Designs Decorators issueda 180-day, 7% note for $65.400, dated Apri 13 to Jaffe FurnitureCompany on account Required A. Determine the duue date of the note.

Instructions Spring Designs Decorators issued a 180-day, 7% note for $65.400, dated Apri 13 to Jaffe Furniture Company on account Required A. Determine the duue 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) recejpt 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 account titles

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