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Chapter 9 Homework Help 8 Following are selected transactions of Danica Compeny for 2016. Dec. 13 Accepted a $9,500, 45-day, 8% note dated December 13

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Chapter 9 Homework Help 8 Following are selected transactions of Danica Compeny for 2016. Dec. 13 Accepted a $9,500, 45-day, 8% note dated December 13 in granting Miranda Lee a time 2 points extension on her past-due account receivable. 31 Prepared an adjuating 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.) eBook Complete this question by entering your answers in the tabs below. Print InterestJounal References Complete the table to calculate the interest amounts at December 31 Total Through Recognized Maturity December 31 Principal Rate (%) Time Total interest General Journal>

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