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PR9-4A Details of notes receivable and related entries Flush Mate Co. wholesales bathroom fixtures. During the current fiscal year, Flush Mate Co. received the following

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PR9-4A 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: OBJ. 6 Date Mar. 6 Apr. 23 July 20 Sept. 6 Nov. 29 Dec. 30 Face Amount $80,000 24,000 42.000 54,000 27,000 72,000 Interest Rate Term 45 days 60 days 120 days 90 days 60 days 30 days 5% 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 (0 on 4. J December 31. the entries to record the receipt of the amounts due on Notes (5) and (6) in January PR 9-5A Notes receivable entries OBJ. 6

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