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 Date Face Amount Term 1. Apr. 10 $69,000 4% 2. 16,800 6 3. June 24 July 1 Oct. 31 72,000 on 60 days 30 days 120 days 60 days 60 days 30 days 4. 72,000 5 5. Nov. 15 54,000 6 6. Dec. 27 108,000 Required: Assume 360 days in a year. 1. Determine for each note (a) the due date and (b) the amount of interest due at maturity, identifying each note by number (a) (b) Note Due Date Interest Due at Maturity (1) June 9 S 460 July 24 84 (3) Oct. 29 1,440 Dec. 30 600 (5) Jan 14 540 Min. 26 360 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 Receivable Notes Receivable Interest Revenue 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 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