2 part question

Required information [The following information applies to the questions displayed below.) Following are transactions of Danica Company Dec. 13 Accepted a $9,500, 45-day, 8% note in granting Miranda Lee tine extension on her past-due account receivable. 31 Prepared an adjusting entry to record the accrued interest on the Lee note. Complete the table to calculate the interest amounts at December 31st and use the calculated value to prepare your journal entries. (Do not round your intermediate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below. Interest Amounts General Journal Complete the table to calculate the interest amounts at December 31st Interest Total Through Recognized Maturity December 31 Principal Rate 1% o search O . oo Dec. 13 Accepted a $9,500, 45-day, 8% note in granting Miranda Lee a time extension on her past-due account receivable. 31 Prepared an adjusting entry to record the accrued interest on the Lee note. Complete the table to calculate the interest amounts at December 31st and use the calculated value to prepare your Journal entries (Do not round your intermediate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below. Interest Amounts General Journal Complete the table to calculate the interest amounts at December 31 Total Through Maturity Interest Recognized December 31 Principal Rate (%) Time Total interest interest Amounts General Journal > to search EL E oo Dec. 13 Accepted a $9,500, 45-day, 8% note in granting Miranda Lee a time extension on her past-due account receivable. 31 Prepared an adjusting entry to record the accrued interest on the Lee note. 2 Complete the table to calculate the interest amounts at December 31st and use the calculated value to prepare your journal entries. (Do not round your intermediate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below. Interest Amounts General Joumal Use the calculated value to prepare your journal entries. ces View transaction list Journal entry worksheet 1 2 Record acceptance of a $9,500, 45-day, 8% note in granting Miranda Lee a time extension on her past-due account receivable. Note: Enter debits before credits Te to search O Required information ube We LOILUIQUEU vor prepare your JUULIIGI CHUTED. View transaction list Journal entry worksheet Record acceptance of a $9,500, 45-day, 8% note in granting Miranda Lee a time extension on her past-due account receivable. Note: Enter debits before credits. Date General Journal Debit Credit Dec 13 Record entry Clear entry View general journal Prey 8 9 of 10 Next > search O II C 8 View transaction list Journal entry worksheet e to search O RE E cu 8 usere LAKUIGLEU value w prepare your JUURIAI Enes. View transaction list Journal entry worksheet 1 2 Prepare an adjusting entry to record the accrued interest on the Lee note. Note: Enter debits before credits. General Journal Date Dec 31 Debit Credit Accounts payable-M. Lee Accounts receivable-M. Lee Allowance for doubtful accounts Record entry Bad debts expense View general journal search O RI 8 Required information [The following information applies to the questions displayed below.) Following are transactions of Danica Company Dec. 13 Accepted a $9,500, 45-day, 8x note in granting Miranda Lee a tine extension on her past-due account receivable. 31 Prepared an adjusting entry to record the accrued interest on the Lee note. Jan. 27 Received Lee's payment for principal and interest on the note dated December 13. Mar. 3 Accepted a $5,000, 10%, 90-day note in granting a time extension on the past-due account receivable of Tonas Company. 17 Accepted a $2,000, 30-day, 9% note in granting H. Cheng a time extension on his past-due account receivable. Apr. 16 H. Cheng dishonored his note. May 1 Wrote off the H. Cheng account against the Allowance for Doubtful Accounts. June 1 Received the Tomas payment for principal and interest on the note dated March 3. Complete the table to calculate the interest amounts and use those calculated values to prepare your journal entries. (Do not round your intermediate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below. M Lee Note Tomas Co Note Cheng Note General Journal Complete the table to calculate the interest amounts. S # Jan. 27 Received Lee's payment for principal and interest on the note dated December 13. Mar. 3 Accepted a $5,000, 10%, 90-day note in granting a time extension on the past-due account receivable of To 17 Accepted a $2,000, 30-day, 9% note in granting H. Cheng a time extension on his past-due account receivat Apr. 16 H. Cheng dishonored his note. May 1 Wrote off the H. Cheng account against the Allowance for Doubtful Accounts. June 1 Received the Tomas payment for principal and interest on the note dated March 3. Complete the table to calculate the interest amounts and use those calculated values to prepare your journal entries your intermediate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below. M Lee Note Tomas Co Note H Cheng Note General Journa First, complete the table below to calculate the interest amounts Total Through Maturity Principal Rate(%) Time Total interest 3 Jan. 27 Received Lee's payment for principal and interest on the note dated December 13. Mar. 3 Accepted a $5,000, 10%, 90-day note in granting a time extension on the past-due account re 17 Accepted a $2,000, 30-day, 9% note in granting H. Cheng a time extension on his past-due ac Apr. 16 H. Cheng dishonored his note. May 1 Wrote off the H. Cheng account against the Allowance for Doubtful Accounts. June 1 Received the Tomas payment for principal and interest on the note dated March 3. 2 of 2 Complete the table to calculate the interest amounts and use those calculated values to prepare your your intermediate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below. eBook Hint M Lee Note Tomas Co Note Cheng Note General Journal Print First, complete the table below to calculate the interest amounts. eferences Total Through Maturity Principal Rate (%) Time Total interest 8 be edule OT Tomas ALLUPLEU 2,000, 30-day, 4 note in granting H. Cheng a time extension on his past-due account receivable Apr. 16 H. Cheng dishonored his note. May 1 Wrote off the H. Cheng account against the Allowance for Doubtful Accounts. June 1 Received the Tomas payment for principal and interest on the note dated March 3. Complete the table to calculate the interest amounts and use those calculated values to prepare your journal entries. (D. your intermediate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below. M Lee Note Tomas Co Note H Cheng Note General Journal Use those calculated values to prepare your journal entries. View transaction list Journal entry worksheet 1 2 3 4 5 6 Received Lee's payment for principal and interest on the note dated December 13. Assume no reversing entries were prepared. earch O ) View cons Journal entry worksheet Received Lee's payment for principal and interest on the note dated December 13. Assume no reversing entries were prepared. Note: Enter debits before credits. Date General Journal Debit Credit Jan 27 Record entry Clear entry View general journal c View usa cuon si Journal entry worksheet Accepted a $5,000, 10%, 90-day note in granting a time extension on the past-due account receivable of Tomas Company. Note: Enter debits before credits. Date General Journal Debit Credit Mar 03 Record entry Clear entry View general Journal Views CONLIST Journal entry worksheet