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  3. for each of the following notes receivable held by

For each of the following notes receivable held by Winter Company, determine the interest revenue...

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Accounting

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For each of the following notes receivable held by Winter Company, determine the interest revenue to be reported on the income statements. Use 360 days in your computations. Round answers to nearest whole dollar. If an amount is zero, enter "0". Date Face Rate Term Aug. 8, Year 1 $15,000 7% 180 days Oct. 7. Year 1 $22,000 8% 60 days Jan. 6, Year 2 $30,000 8% 90 days Nov. 12, Year 1 $28,000 9% 60 days Date Year 1 Interest Revenue Year 2 Interest Revenue Aug. 8, Year 1 Oct. 7, Year 1 Jan. 6. Year 2 bad Nov. 12, Year 1

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