Details of notes receivable and related entries Gen-X Ads Co. produces advertising videos. During the current year ending December 31, Gen-X Ads received the following notes: Date Face Amount Term Interest Rate 1. January 14 $33,000 30 days 4% 2. March 9 60,000 45 days 7 3. July 12 48,000 90 days 5 4. August 23 16,000 75 days 6 5. November 15 36,000 60 days 8 6. December 10 24,000 60 days 2. Journalize the entry to record the dishonor of Note (3) on its due date. If an amount box does not require an entry, leave it blank. 88 3. Journalize the adjusting entry to record the accrued interest on Notes (5) and (6) on December 31. If an amount box does not require an entry, leave it blank. Dec. 31 888 4. Journalize the entries to record the receipt of the amounts due on Notes (5) and (6) in January and February. If an amount box does not require an entry, leave it blank. Note 5 Note 6 0000 0000