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QUESTION
Water Closet Co. wholesales bathroom fixtures. During the current year ending December 31. Water Closet received the following notes:
Water Closet Co. wholesales bathroom fixtures. During the current year ending December 31. Water Closet received the following notes:
- MARCH 6 $7500060 Days4%
- April 7$4000045 Days 6%
- Aug 12 $36000120 Days5%
- Oct 22 $2700030 Days 8%
- Nov 19 $4800 90 Days 3%
- Dec 15$7200045 Days 5%
1.Determine for each note (A) the due date and (B) the amount of interest due at maturity, identifying each note by number.
