Logan Realty loaned money and received the following notes during 2018.

Requirements
1. Determine the maturity date and maturity value of each note.
2. Journalize the entries to establish each Note Receivable and to record collection of principal and interest at maturity. Include a single adjusting entry on December 31, 2018, the fiscal year-end, to record accrued interest revenue on any applicable note. Explanations are not required. Round to the nearest dollar.

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Principal Amount Interest Rate Term Note Date (1) 1 year Oct. 1 7% $ 16,000 (2) 9 months 90 days 18,000 Jun. 30 18% (3) 12,000 8% Sep. 19 еат