Question: Bookmarks Tools Window Help 40% E) Wed 11:30 AM C Search Show Me How Caloulator Print Item Details of Notes Receivable and Related Entries Gen-X

Entries Gen-X Ads Co. produces advertising videos. During the current year ending

Bookmarks Tools Window Help 40% E) Wed 11:30 AM C Search Show Me How Caloulator Print Item Details of Notes Receivable and Related Entries Gen-X Ads Co. produces advertising videos. During the current year ending December 31, Gen-X Ads received the following notes: Date Face Amount Interest Rate Apr. 10 2. June 24 3. July 1 4. Oct. 31 5. Nov.15 6. Dec. 27 $75,000 16,800 72,000 72,000 54,000 180,000 60 days 0 days 120 days 60 days 60 days 30 days 4% Required: Assume 360 days in a year. 1. Determine for each note (a) the due date and (b) the amount of interest due at maturity, identifying each note by number Note (a) Due Date (b) Interest Due at Maturity 7 8 5

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