Question: Valley Designs issued a 90-day, 6% note for $90,000, dated April 17, to Bork Furniture Company on account. Assume 360 days in a year when



Valley Designs issued a 90-day, 6% note for $90,000, dated April 17, to Bork Furniture Company on account. Assume 360 days in a year when computing the interest a. Determine the due date of the note. b. Determine the maturity value of the note. c1. Journalize the entry to record the receipt of the note by Bork Fumiture. If an amount box does not require an entry, leave it blank. c2. Journalize the entry to record the receipt of payment of the note at maturity. If an amount box does not require an entry, leave it blank. Entries for Notes Receivable Valley Designs issued a 90 -day, 6% note for a. Determine the due date of the note. 8 aturity value of the note. c1. Journalize the entry to record the receipt c2. Journalize the entry to record the receipt of Entries for Notes Recelvable Valley Designs issued a 90 -day, 6% note for $90,000 a. Determine the due date of the note. b. Determine the maturity value of the note. c1. Journalize the entry to record the receipt of the no b. Determine the maturity value of the note. c1. Journalize the entry to record the receipt of the n c2. Journalize the entry to record the receipt of paymen
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