6 of 7 (1 complete) . X More Info - Note Interest Rate Term 14% 6 months of to b) ee (a) (b) (c) Date Principal Amount Oct. 31 $ 49,000 Nov. 10 16,000 Dec. 1 29,000 5 60 days 1 year 15 atu Print Done yer Is Wuestion: 10 pts 6 of 7 (1 complete) Speedy Loans issued the following notes during 2020: Click the icon to view the notes issued.) Required 1. Determine the due date, interest cost, and maturity value of each note. Round all interest amounts to the nearest cent. 2. Journalize a single adjusting entry at December 31, 2020, to record accrued interest revenue on all three 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 the balance sheet at December 31, 2020 Remember to refer to the terms for calculations. If the terms are in months, then use months in your calculations. If the forms are in days, base your answer on 365 days. (Round yo value to two decimal places.) Due date Note Month Day Year Maturity value (a) (b) (c) Requirement 2. Journalize a sinale adiustina entry at December 31, 2020. to record accrued interest revenue on all three notes. An explanation is not required. Record debits first. Choose from any list or enter any number in the input fields and then continue to the next ques Type here to search DI DELL Speedy Loans issued the following notes during 2020: Click the icon to view the notes issued.) Required 1. Determine the due date, interest cost, and maturity value of each note. Round all interest amounts to the nearest cont 2. Journalize a single adjusting entry at December 31, 2020, to record accrued interest revenue on all three notes. An exploration 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 the balance sheet at December 31, 2020, Requirement 2. Joumalize a single adjusting entry at December 31, 2020, to record accrued interest revenue on all three notes. An explanation is not required. (Record debits first, then cre explanations from journal entries. Round your answers to two decimal places.) General Journal Date Accounts Debit Credit 2020 Dec 31 Choose from any list or enter any number in the input fields and then continue to the next question, . Type here to search This Question: 10 pts 6 of 7 (1 complete) Speedy Loans issued the following notes during 2020: (Click the icon to view the notes issued.) Required 1. Determine the due date, interest cost, and maturity value of each note. Round all interest amounts to the nearest cont. 2. Journalize a single adjusting entry at December 31, 2020, to record accrued interest revenue on all three 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 the balance sheet at December 31, 2020. Requirement 3. Journalize the collection of principal and interest on noto (b). Explanations are not required. Enter the year of your entry on the journal. (Round your answers to two decimal places.) General Journal Date Accounts Debit Credit Jan 9 Choose from any list or enter any number in the input fields and then continue to the next question, 0 Type here to search O DELL Speedy Loans issued the following notes during 2020: (Click the icon to view the notes issued.) Required 1. Determine the due date, interest cost, and maturity value of each note. Round all interest amounts to the nearest cent. 2. Journalize a single adjusting entry at December 31, 2020, to record accrued interest revenue on all three notes. An explam 3. Journalize the collection of principal and interest on note (b). Explanations are not required. 4. Show how these notes will be reported on the balance sheet at December 31, 2020 Requirement 4. Show how these notes will be reported on the balance sheet at December 31, 2020. Balance sheet (partial) Assets (partial): Notes receivable Interest receivable Choose from any list or enter any number in the input fields and then continue to the next question 0 Type here to search DELL