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E. Compute the maturity date and the missing amount for each of the following interest bearing promissory notes: (for easier calculations, assume 360 days per year) HINT: Principal in Dollars * Annual Rate * Fraction of Year Interest in Dollars Principal Annual Interest Rate Term Total Interest Issue date (a) $17.000 10% 180 days ? 8/21/2016 (6) 0% 120 days $450 4/4/2016 (C) $60,000 2 5 months $3,000 8/17/2017 (d) $50,000 9 months $1,375 8/30/2018 Maturity date ? 2 ? ? F. Assume Girvin-Sabado Inc., famous for its canned vegetables, completed the following selected transactions: 2016 Nov 1 Sold goods to Kroger, Inc., receiving a $24,000, three-month, 6% note. Dec 31) Made an adjusting entry to accrue interest on the Kroger note. Dec 31(b) Made an AJE to record Bad Debt Expense based on an aging of A/R. The aging analysis indicates that $197.400 of AR will not be collected. The unadjusted balance in Allow. for Doubtful Accts is $19,300 2017 CkFigs: 2017 revenues amount to $405; expenses and losses amount to $297,350 Feb 1 Collected the maturity value of the Kroger note. Feb 23 Received a 90-day, 15%, $4,000 note from Bliss Co, for a past-due account Mar 31 Sold the Bliss Co. note to U.S. Bank, received cash of $3,810. (2 entries: interest accrual for holding period) Nov 16 Loaned $15,000 cash to McNeil, Inc., receiving a 90-day, 12% note. Dec 31(a) Accrued the interest on the McNeil, Inc., note. Dec 31(b) AJE to record Bad Debt Expense based on an Aging of A/R. Management has calculated that $274,100 of A/R will likely not be collected. The unadjusted balance in Allow. for Doubtful Accts is $23,000 Instructions. Prepare all necessary journal entries for years 2016 and 2017

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