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2017 Dec. 13 Accepted a $20,000, 45-day, 8 note dated December 13 in granting Miranda Lee a time extension on her past-due secount receivable. 31

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2017 Dec. 13 Accepted a $20,000, 45-day, 8 note dated December 13 in granting Miranda Lee a time extension on her past-due secount receivable. 31 Prepared an adjusting entry to record the accrued interest on the Los note. 2018 Jan. 27 Received Lee's payment for principal and interest on the bote dated December 13. Mar. 3 Mecepted a $14,000, 60, 90-day note dated March) in granting a time extension on the past-due account receivable of Tomas Company. 17 Accepted a $12,000, 30-day, 100 note dated March 17 in granting N. Cheng a time extension on his past due Account receivable. Apr. 16 H. Chang dishonored his note when presented for payment. May I wrote of the H. Cheng account against the Allowance for Doubtfal Accounts. 1 Received the Town 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 Intermediate calculations. Use 360 days a year) Complete this question by entering your answers in the tabs below. ML Note Tomas Wong Note General Complete the table to calculate the interest amounts Total Through ty Accrued at December Recognized Principal Rate(%) Time Total Interest Tomas Ce Mets >

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