Ask Question
24 January, 23:05

On june 8, smith technologies issued a $75,000, 6%, 140-day note payable to johnson company. what is the due date of the note?

+1
Answers (1)
  1. 25 January, 01:30
    0
    We need to identify the due date such as the solution is shown below:

    June 8 we have 6/30 days which is equal to 22 days

    July we have 31 days

    August we have 31 days

    September is 30 days

    Then, we have 22 + 31 + 31 + 30 and the total is 114 days plus 6 days (si).

    Therefore, the answer is 120 days.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “On june 8, smith technologies issued a $75,000, 6%, 140-day note payable to johnson company. what is the due date of the note? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers