Gen-X Ads Co. produces advertising videos. During the current year ending December 31, Gen-X Ads...
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Accounting
Gen-X Ads Co. produces advertising videos. During the current year ending December 31, Gen-X Ads received the following notes: Note Date Face Amount Term Interest Rate 1. January 14 $33,000 30 days 4% 2. March 9 60,000 45 days 7 3. July 12 48,000 90 days 5 4. August 23 16,000 75 days 6 5. November 15 36,000 60 days 8 6. December 10 24,000 60 days 6 Required: Question Content Area Assume 360 days in a year
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