Details of Notes Receivable and Related Entries Gen-X Ads Co. produces advertising videos. During the current fiscal year, Gen-X Ads Co. recelved the following notes: 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. . Joumalize the entry to record the dishonor of Note (3) on lits due date. If an amount box does not require an entry, leave it blank: Fecour T check Mrikin Count the number of dayt in each month whtil the total number of days is reached for the term of the note and this wul be the due date. Interest is not charged on the I Typically, the maker of a dishonored note fails to pay the nate on pe due date. A company that halds a dishonored note transfers the face amount of the note plus any I accounts recelvable account. Interest revenue is not dependent on receiving the interest at this polint. Carh recelved will include the maturity value of the note. 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, lesve it blank. Dec 31