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Details of notes receivable and related entries A customer's written promise to pay an amount and possibly interest at an agreed-upon rate. Water Closet Co.

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Details of notes receivable and related entries A customer's written promise to pay an amount and possibly interest at an agreed-upon rate. Water Closet Co. wholesales bathroom fotures. During the current year ending December 31, Water Closet received the following motes Date Face AmountTem Interest Rate 1 Mar 6 $75,000 0 days 2. Apr 7 3. Aug 12 40a22 27000 30days 8% 5 Now 19 6 Dec 15 40,000 45days 36,000 120 days 8% 72,00045 days 5% Determine for each noe (al the due dale and om amount of interest d at maturity ng eaco note dy sumber Assume 360-dy 6

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