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etails of notes receivable and related entries Obj. 6 - Describe the accounting for notes receivable. Water Closet Co. wholesales bathroom fixtures. During the current

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etails of notes receivable and related entries Obj. 6 - Describe the accounting for notes receivable. Water Closet Co. wholesales bathroom fixtures. During the current year ending December 31. Water Closet received the following notes: SHOW ME HOW Face Interest Date Mar. 6 Apr. 7 Aug. 12 Oct. 22 Nov. 19 Dec. 15 Amount TermRate 2. 3. 4 5. 6. $75,000 60 days 40,000 45 days 36,000 120 days 27,000 30 days 48,000 90 days 72,000 45 days 4% 6 5 8 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

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