46 When a bank collects a note for the holder, it notifies the holder on a form called a 87)55,000, 12% note is dated April 10 and is due in 90 days. The due date would be 4e When the holder of an interest-bearing note is unable to collect the note when due, the jo entry includes 49. Face value of a note plus interest is called the The adjusting entry for accrued interest on a notes receivable includes 51. American Bank has loaned $12,000 to Shoreline Petroleum Inc. using a 60-day non-interest note. The bank discounted the note at 12%. The proceeds of the loan will be s2. Tangitile assets include (tal eshate 53. The write off of the cost of plant and equipment is called e pre ciatnn assets include (eal esale