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Prefix Supply Company received a 120-day, 8% note for $36,000, dated April 12 from a...

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Accounting

Prefix Supply Company received a 120-day, 8% note for $36,000, dated April 12 from a customer on account. Assume 360-days in a year. Prefix Supply Company received a 120-day, 8% note for $36,000, dated April 12 from a
customer on account. Assume 360-days in a year.
$
c. Journalize the entry to record the receipt of the payment of the note at maturity. If an
amount box does not require an entry, leave it blank.
Question Content Area
a. Determine the due date of the note.
b. Determine the maturity value of the note.
fill in the blank 1 of 1$
Question Content Area
c. Journalize the entry to record the receipt of the payment of the note at maturity. If an amount box does not require an entry, leave it blank.
blankAccountDebitCredit
blank
image

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