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shostak showed the following details regarding its notes receivables Part 11 (Notes Receivable) Shostak showed the following details regarding its notes receivable: Maturity Date Des

shostak showed the following details regarding its notes receivables
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Part 11 (Notes Receivable) Shostak showed the following details regarding its notes receivable: Maturity Date Des of Accred Accred Interest Dec. 31. Dec. 31. 2020 2020 Date of Interest Note Note Principal Rate Sept. 20/19 $490,000 3.0% 2 June 01/20 240,000 3.3% 3 Nov. 23/20 164,000 4.5% 4 Dec. 18/20 120,000 4.0% "Round cleanies to the rest whole cent Ten 120 GA 45 dags 90 days 30 days Required For each note: .. Determine the maturity date b. Calculate the days of accrued interest, if any, at December 31, 2020, Shostak's yearend c. Calculate the amount of accrued interest, if any, et December 31, 2020 For Note 4 d. Prepare the entry to record the accrued interest et December 31, 2020. 6. Prepare the entry to record the collection on the maturity date. Assume that interest and principal are collect

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