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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:

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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: Required: Assume 360 days in a vear: 1. Determine for each note (a) the due date and (b) the amount of interest due at maturity, identifyino each note by number. 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. 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

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