On June 8, Alton co. Issued an $81,780, 7%, 120 day note payable to seller...

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Accounting

On June 8, Alton co. Issued an $81,780, 7%, 120 day note payable to seller co. Assuming a 360 day year for your calculations, what is the maturity value of the note?
A. 83,688
B. 87,505
C. 81,780
D. 5,725

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