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Exercise 7-20 (Algo) Honoring a note LO P4 Following are transactions for Vitalo Company. November 1 Accepted a $4,00e,180-day, 6% note fron kelly white in

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Exercise 7-20 (Algo) Honoring a note LO P4 Following are transactions for Vitalo Company. November 1 Accepted a $4,00e,180-day, 6% note fron kelly white in granting a tine extension on her past-due account receivable. Deceaber 31 Adjusted the year-end accounts for the accrued interest earned on the white note. April 30 white honored her note when presented for payment. Complete the table to calculate the interest amounts at December 315St and April 30th and use those calculated values to prepare your journal entries. (Do not round intermedlate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below. Complete the table to catculate the interest amounts at December 312t and April 30th. Joumal entrles. (Do not round intermedlate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below. Use those-caiculated values to prepare your joumal entries. Journal entry worksheet Accepted a $4,000,180-day, 6% note from Kelly White in granting a time extension on her past-due account receivable. Pootei Enter debits before credits. Complete this question by entering your answers in the tabs below. Use those calculated values to prepare your journal entries. Journal entry worksheet Adjusted the year-end accounts for the accrued interest earned on the White note. Noret Enter debits before credits. Complete this question by entering your answers in the tabs below. Use those calculated values to prepare your journal entries. Journal entry worksheet White honored her note when presented for payment. Assume no reversing entries were made on January 1. Notet Enter debits before credits

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