Water Closet Co. wholesales bathroom fixtures. During the current year ending December 31. Water Closet received the following notes:

1. MARCH 6 $75000 60 Days 4%
2. April 7 $40000 45 Days 6%
3. Aug 12 $36000 120 Days 5%
4. Oct 22 $27000 30 Days 8%
5. Nov 19 $4800 90 Days 3%
6. Dec 15 $72000 45 Days 5%

1.Determine for each note (A) the due date and (B) the amount of interest due at maturity, identifying each note by number.

2.Determine for each note (A) the due date and (B) the amount of interest due at maturity, identifying each note by number.

3.Journalize the adjusting entry to record the accrued interest on Notes (5) and (6) on December 31.

4.Journalize the adjusting entry to record the accrued interest on Notes (5) and (6) on December 31.