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 $69,000 4% 60 days 2. June 24 14,400 6 30 days 3. July 1 36,000 6 120 days 4. Oct. 31 36,000 5 60 days 5. Nov. 15 90,000 6 60 days 6. Dec. 27 108,000 4 30 days Required: Question Content Area 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. Note (a) Due Date (b) Interest Due at Maturity (1) $ fill in the blank eddad0fddfde024_2 (2) fill in the blank eddad0fddfde024_4 (3) fill in the blank eddad0fddfde024_6 (4) fill in the blank eddad0fddfde024_8 (5) fill in the blank eddad0fddfde024_10 (6) fill in the blank eddad0fddfde024_12 Feedback Area Feedback Count the number of days in each month until the total number of days is reached for the term of the note and this will be the due date. Interest is not charged on the first day of the note. Typically, the maker of a dishonored note fails to pay the note on the due date. A company that holds a dishonored note transfers the face amount of the note plus any interest due back to an accounts receivable account. Interest revenue is not dependent on receiving the interest at this point. Cash received will include the maturity value of the note. Question Content Area 2. Journalize the entry to record the dishonor of Note (3) on its due date. If an amount box does not require an entry, leave it blank. Accounts Receivable Accounts Receivable Notes Receivable Notes Receivable