A company received the following notes during 2014:

Required
1. Determine the due date and maturity value of each note. Compute the interest for each note. Round all interest amounts to the nearest cent.
2. Journalize a single adjusting entry at December 31, 2014, to record accrued interest revenue on the notes. An explanation is not required.
3. Journalize the collection of principal and interest on note (b). Explanations are not required.
4. Show how these notes will be reported on December 31, 2014.

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Principal Amount $ 9,000 12,000 15,000 Note (a) Date Interest Rate Term Aug. 30 Nov. 19 (b) Dec. 1 (c) Dec. 1 (d) 3 months 4% 3 60 days 2 years 20,000