Valley Designs issued a 120-day, 7% note for $85,400, dated April 15 to Bork 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 Round your answer to the nearest dollar. C. Joumalize the entries to record the following (1) receipt of the note by Bork Fumiture and (2) receipt of payment of the note at matunty Refer to the Chart of Accounts for exact wording of account titles, Round your answer to the nearest dollar C (1) Joumalize the entry to record the moonpf of the note by Bork Furniture. Refer to the Chat of Accounts for exact worting of accounties. Round your answer to the nearest dolar How does roden work? NET JOURNAL Score: 13/25 ACCOUNTRO EQUATION DATE DESCRIPTION POST RET CREDIT EQUITY DCHT 65,400.00 LIABILITIES + Apr 15 Accounts Payable Notes Payable 65,400.00 1 c) Journalize the entry to record the recept of payment of the note af maturty Refer to the Chart of Accounts for exact wording of account the Round your answer to the nearest dollar How does graine PAGE JOURNAL Score: 19/37 ACCOUNTING EQUATION DESCRIPTION POSTRE COIT ASSETS LABUTIES LOLITY DATE Aug 13 Notes Payable Interest Expense Cash 65,400.00 1,52600 66,926.00