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3. Notes Receivable (22 marks) Metro Credit Union in Charlottetown, Prince Edward Island, loaned $90,000 to David Mann on a nine- month, 8% note. Record

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3. Notes Receivable (22 marks) Metro Credit Union in Charlottetown, Prince Edward Island, loaned $90,000 to David Mann on a nine- month, 8% note. Record the following for Metro Credit Union: a. Lending the money on February 6; b. Collecting the principal and interest at maturity on November 6. Explanations are not required, but show calculations. DATE ACCOUNTS DEBIT CREDIT Feb. 6 Nov. 6 Calculation: 3 Page

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