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Answer is not complete. Complete this question by entering your answers in the tabs below. Interest Amounts General Journal Use those calculated values to prepare
Answer is not complete. Complete this question by entering your answers in the tabs below. Interest Amounts General Journal Use those calculated values to prepare your journal entries (assume that no reversing entries are recorded). Na Date Debit Credit 1 Nov 01 General Journal Noles receivable K White Accounts receivable-K White 12,000 12,000 2 Dec 31 180 Interest receivable Interest revenue 180 3 Apr 30 5.540 X SO Cash Interest receivable Interest revenue Notes receivable White 180 360 5,000 7 Exercise 7-13 Honoring a note LO P4 Check my work 5 ins Following are selected transactions for Vital Company Me. Accepted a $12.000, 180-day. note dated or I tre elly te is granting timeters on her put- due account receivable Due. 31 Adjusted the year and accounts for the word interest earned on the wite mete Ape. 30 white honored her note when presented for payments Peruary 28 days for the current year Complete the table to calculate the interest amounts at December 31st and April 30th and use those calculated values to prepare your journal entries (assume that no reversing entries are recordedi. (Do not round intermediate calculations. Use 360 days a year) eBook Hir PA eference 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 and April 30 Principal Rate 11 Time Total interest November 1 January 1 Total Through Through Through Maturity December 31 April 30 $ 12.000 s 12,000 $ 12 000 94 99 95 30/3601 $ 900s 150 $ 300
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