Question: Data on three promissory notes accepted by Levin Ltd. during 2017 follow. Instructions Determine the missing amounts. Term in Interest Rate 10% Interest Revenue to

Data on three promissory notes accepted by Levin Ltd. during 2017 follow.

Instructions
Determine the missing amounts.

Term in Interest Rate 10% Interest Revenue to Record for Year Ended December 31 Date of Note Oct. 1 Aug. 1 Nov. 1 MonthsPrincipal $180,000 120,000 Total Interest $4,800 12,000 24 6%

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