Hemmer Company Received a 12%,six-Month Promissory Note with a Face $\underline{\quad\quad}$

question 175

Essay

Hemmer Company received a 12%,six-month promissory note with a face amount of $10,000 from Stutfeld Company for the sale of merchandise on December 1,2017.
A) Which party is the maker? $\underline{\quad\quad}$

B) Which party is the payee? $\underline{\quad\quad}$

C) Determine the maturity value of the note.

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