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 Rate Term Date Face Amount 4% 1 6 $93,000 14,400 81,000 2. Apr. 10 June 24 July 1 60 days 30 days 120 days 6 4. 81,000 Oct. 31 60 days 9 5. 6 90,000 NOV. 15 60 days 6. Dec. 27 180,000 4 30 days 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 Receivable 755 X Interest Revenue Feed