On June 8, Alton Co. issued an $80,000, 6%, 120-day note payable to Seller Co. What is the due date of the note? a. October 8 b. October 7 c. October 6 d. October 5
On June 8, Alton Co. issued an $80,000, 6%, 120-day note payable to Seller Co. What is the due date of the note? a. October 8 b. October 7 c. October 6 d. October 5
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:On June 8, Alton Co. issued an $80,000, 6%, 120-day note payable to Seller Co. What is the due
date of the note?
a. October 8
b. October 7
c. October 6
d. October 5
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