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Actividad 3: Notes Receivable 201 May 1 Adler Company, received a $25,000, 1-year, 8% note in exchange for an outstanding account receivable from TM Frost.

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Actividad 3: Notes Receivable 201 May 1 Adler Company, received a $25,000, 1-year, 8% note in exchange for an outstanding account receivable from TM Frost. Dec. 31 Accrued interest revenue on the TM Frost note. 202 May 1 Received principal plus interest on the TM Frost note. Instructions: 3. Record the transactions in general journal. 4. Show calculations for: total interest revenues, adjusted interest, and maturity value

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