Details of Notes Receivable and Related Entries Gen-X Ads Co. produces advertising videos. During the current fiscal year, Gen-X Ads Co. received the following notes: Interest Date Face Amount Rate Term 1. Apr. 10 $90,000 4% 60 days 2. June 24 15,600 6 30 days 3. July 1 36,000 6 120 days 4. Oct. 31 36,000 9 60 days 5. Nov. 15 54,000 6 60 days 6. Dec. 27 108,000 4 30 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. Oct. 29 Accounts Receiv Notes Receiva Interest Rever 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 Interest Receiva Interest Rever 4. Journalize the entries to record the receipt of the amounts due on Notes (5) and (6) in January. If an amount box does not require an entry, leave it blank. Jan. 14 Cash Notes Receiva Interest Receiv Interest Rever Jan. 26 Cash Notes Receiva Interest Receivi Interest Rever