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Uestion lis Kelly Realty loaned money and received the following notes during 2016. Imit (Click the icon to view the notes received.) Requirements 1. Determine

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Uestion lis Kelly Realty loaned money and received the following notes during 2016. Imit (Click the icon to view the notes received.) Requirements 1. Determine the maturity date and maturity value of each note. 2. Journalize the entries to establish each Note Receivable. 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. 3. Journalize the collection of principal and interest at maturity on the three notes. Explanations are not required. Question 2 Requirement 3. Journalize the collection of principal and interest at maturity on the three notes. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries) Journalize the collection of principal and interest at maturity for note (1). Journalize the collection of principal and interest at maturity for note (2) Uestion lis Kelly Realty loaned money and received the following notes during 2016. Imit (Click the icon to view the notes received.) Requirements 1. Determine the maturity date and maturity value of each note. 2. Journalize the entries to establish each Note Receivable. 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. 3. Journalize the collection of principal and interest at maturity on the three notes. Explanations are not required. Question 2 Requirement 3. Journalize the collection of principal and interest at maturity on the three notes. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries) Journalize the collection of principal and interest at maturity for note (1). Journalize the collection of principal and interest at maturity for note (2)

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