=+PR 9-4B Details of notes receivable and related entries obj. 6

✔ 1. Note 2: Due date, July 26;

Interest due at maturity, $185 The following data relate to notes receivable and interest for Optic Co., a cable manufacturer and supplier. (All notes are dated as of the day they are received.)

June 10. Received a $15,000, 9%, 60-day note on account.

July 13. Received a $54,000, 10%, 120-day note on account.

Aug. 9. Received $15,225 on note of June 10.

Sept. 4. Received a $24,000, 9%, 60-day note on account.

Nov. 3. Received $24,360 on note of September 4.

5. Received a $24,000, 7%, 30-day note on account.

10. Received $55,800 on note of July 13.

30. Received a $15,000, 10%, 30-day note on account.