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Details of Notes Receivable and Related Entries Gen-X Ads Co. produces advertising videos, During the...

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Accounting

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Details of Notes Receivable and Related Entries Gen-X Ads Co. produces advertising videos, During the current fiscal year, Gen- X Ads Co. received the following notes: Assume 360 days in a year. 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. If an amount box does not require an entry, leave it blank

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