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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: Date Face Amount Interest Rate Term 1. Apr. 10 $78,000 60 days 2. June 24 12,000 30 days 3. July 72,000 120 days 4. Oct. 31 72,000 60 days 5. Nov. 15 54,000 60 days 6. Dec. 27 108,000 30 days 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 (b) Interest Due at Maturity Note Due Date Check My Wonmore Check My Work ses remaining acer 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: Date Face Amount Interest Rate Term 1. Apr. 10 $78,000 60 days 2. June 24 12,000 30 days 3. July 72,000 120 days 4. Oct. 31 72,000 60 days 5. Nov. 15 54,000 60 days 6. Dec. 27 108,000 30 days 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 (b) Interest Due at Maturity Note Due Date Check My Wonmore Check My Work ses remaining acer

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