Chapter 9 Accounting Problems Saved Help 9 Exercise 9-14 Honoring a note LO P4 2 Swipped Following are transactions for Vitalo Company Nov. 1 Accepted a $15,000, 180-day, 5% note from Kely White in granting a time extension on her past due account receivable. Dec. 31 Adjusted the year and 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 31and April 30th and use those calculated values to prepare your Journal entries (Do not found intermediate calculations. Use 360 days a year.) AK Complete this question by entering your answers in the tabs below. Interest General Amounts Journal Use those calculated values to prepare your journal entries, View transaction et Journal entry worksheet Accepted a $15,000, 180-day, 5% note from Kelly White in granting a time extension on her past-due account receivable. M G $15.000, 180-say. 5 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 eared 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.) Sped Complete this question by entering your answers in the tabs below. Journal Interest General Amounts Complete the table to calculate the interest amounts at December 316 and April 30, November 1 January 1 Total Through Through Through December 31 April 30 Principal Rate Time Total interest General Journal > MacBook Pro 93 2 22 $ % 3 $ 4 5 2 31 2 8 6 7 00 & 18 P ok . View transaction at Journal entry worksheet Sod > Accepted a $15,000, 180-day, 5% note from Kelly White in granting a time extension on her past-due account receivable. H A Note: Enter die bere credits General Journal Debit Credit Date Nov 01 Record entry Clear entry View general Journal MacBook Pro So SC 28 JE Il S & # 3 4 3 % 5 2 6 35 7 8 A 9 & 2 3i 0 IN YT OM 9 Use those calculated values to prepare your journal entries. View transaction list Journal entry worksheet Adjusted the year-end accounts for the accrued interest eamed on the White note Note: Enter debts befont codes General Journal Dubit Credit Date Dec 31 Record entry View general Journal Interest Amounts ME MacBook Pro SLO OM od ESC 888 N $ DO * 8 ip 9 a 9 Use those calculated values to prepare your journal entries View transaction list 2 Do Journal entry worksheet 2 > White honored her note when presented for payment. Assume no reversing entries were made on January 1. AL Pert Note: Erdots before credits Bence General Journal Debit Credit Date Apr 30 Record entry Clear entry View general journal McBook Pro . DW bo
