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7 Following are transactions for Vitalo Company 2 points Nov. 1 Accepted a $10,000, 180-day, 7% note from Kelly White in granting a time extension

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7 Following are transactions for Vitalo Company 2 points Nov. 1 Accepted a $10,000, 180-day, 7% note from Kelly White in granting a time extension on her past-due account receivable. Dec. 31 Adjusted the year-end accounts for the accrued interest earned on the White note. Apr. 30 white honored her note when presented for payment. Complete the table to calculate the interest amounts at December 31st and April 30th and use those calculated values to prepare your journal entries. (Do not round intermediate calculations. Use 360 days a year.) eBook Complete this question by entering your answers in the tabs below. Hint Interest Amounts General Journal Print Complete the table to calculate the interest amounts at December 31st and April 30th, Polences References November 1 Through December 31 January 1 Through April 30 Principal Rate(%) Time Total interest Total Through Maturity $ 10,000 7% 180/360 $ 350 7 Interest Amounts General Journal Use those calculated values to prepare your journal entries. 2 points View transaction list eBook Journal entry worksheet 101 Hint Accepted a $10,000, 180-day, 7% note from Kelly White in granting a time extension on her past-due account receivable. Print Note: Enter debits before credits. References Date General Journal Debit Credit Nov 01 Record entry Clear entry View general journal 7 Interest Amounts General Journal Use those calculated values to prepare your journal entries. 2 points View transaction list eBook Journal entry worksheet Hint Adjusted the year-end accounts for the accrued interest earned on the White note. Print Note: Enter debits before credits. References Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal 7 Complete this question by entering your answers in the tabs below. Interest Amounts General Journal 2 points Use those calculated values to prepare your journal entries. View transaction list eBook Journal entry worksheet Hint Print White honored her note when presented for payment. Assume no reversing entries were made on January 1. References Note: Enter debits before credits. Date General Journal Debit Credit Apr 30 Record entry Clear entry View general journal

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