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Katy Really loaned money and received the following notes during 2018, (Click the icon to view the notes received.) Read the requirements Data Table Requirements

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Katy Really loaned money and received the following notes during 2018, (Click the icon to view the notes received.) Read the requirements Data Table Requirements Note Interest Rate Term Date Oct. 1 Jun 30 Note (1) Note (2) Note (3) 14% Principal Amount $ 26,000 24,000 26,000 1. Determine the maturity date and maturity value of each note 2. Journalize the entries to establish each Note Receivable and to record collection of principal and interest at maturity. Include a single adjusting entry on December 31, 2016, the fiscal year-end, to record accrued interest revenue on any applicable note. Explanations are not required. Round to the nearest dollar 1 year 9 months 180 days 5% Jun. 19 12% Print Done Print Done

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