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Martin Manufacturing held three interest-bearing notes during 2005 and 2006. For each note, determine the...

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Accounting

Martin Manufacturing held three interest-bearing notes during 2005 and 2006. For each note, determine the following items. a. The maturity date b. The maturity value c. Interest revenue to be reported on December 31, 2005 Note 1 issued September 25, 2005, $15,000, 10%, 60 days Note 2 issued November 20, 2005, $25,000, 12%. 90 days Note 3 issued December 30, 2005, 14,000, 9%, 30 days

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