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ence with 11ncoll ccounts orioinarino durino the first.itwo vears2 Exnlain. OBJ. 6 PR 9-4A Details of notes receivable and related entries Flush Mate Co. wholesales

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ence with 11ncoll ccounts orioinarino durino the first.itwo vears2 Exnlain. OBJ. 6 PR 9-4A Details of notes receivable and related entries Flush Mate Co. wholesales bathroom fixtures. During the current fiscal year, Flush Mate Co. received the following notes: Date Mar. 6 Apr. 23 July 2042,000 Sept. 6 Nov. 29 Dec. 30 Interest RateTerm 45 days 60 days 120 days 90 days 60 days 30 days Face Amount $80,000 24,000 5% 2. 54,000 27,000 72,000 Instructions 1. Determine for each note (a) the due date and (b) the amount of interest due at maturity, identifying each note by number. 2. Journalize the entry to record the dishonor of Note (3) on its due date. 3. Journalize the adjusting entry to record the accrued interest on Notes (5) and (6) on December 31. 4. Journalize the entries to record the receipt of the amounts due on Notes (5) and (6) in January

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