Question: Homework: Week 5 - Chapter 08 problems score: 0.11 of 1 pt & P9-31A (similar to) Save 4 of 7 (4 complete) HW Score: 25.48%,
Homework: Week 5 - Chapter 08 problems score: 0.11 of 1 pt & P9-31A (similar to) Save 4 of 7 (4 complete) HW Score: 25.48%, 1.78 of 7 pts Question Help Christie Realty loaned money and received the following notes during 2016. EEE (Click the icon to view the notes received) Requirements 1. Determine the maturity date and maturity value of each note. 2. Journalize the entries to establish each Note Receivable. Include a single adjusting entry on December 31, 2016, the fiscal year-end, to record accrued interest revenue on any applicable note. Explanations are not required 3. Journalize the collection of principal and interest at maturity on the three notes. Explanations are not required Requirement 1. Determine the maturity date and maturity value of each nole. For eadh apoliaole nole, compunrin a 0 day yeur) Due date MonthvDay Year Maturity value Term 1 year 9 months Date Principal Amount Interest Rate Note (1) Oct. 1 (2) Jun. 30 (3) Jun 19 Ocd 1 2017 Mar. 30 2017 12,000 20,000 796 18% 8% 180 days Dec. 16 2016 18,000
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