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Exercise 7-20 (Static) Honoring a note LO P4 Following are transactions for Vitalo Company. Novenber 1 Accepted a $6,600,180-day, 84 note from Kelly White in

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Exercise 7-20 (Static) Honoring a note LO P4 Following are transactions for Vitalo Company. Novenber 1 Accepted a $6,600,180-day, 84 note from Kelly White in granting a tiec extension on her past-due account receivable. December 31 Adjusted the year-end accounts for the accrued interest earned on the linite note. April 30 White honored her note when presented for paysent. Complete the table to calculate the interest amounts at December 31st and April 30th and use those caiculated values to prepare your fournal entries. (Do not round intermediate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below. Complete the table to calculate the interest amounts at December 31st and April 30th Complete this question by entering your answers in the tabs below. Use those calculated values to prepare your journal entries. Journal entry worksheet Accepted a $6,000,180-day, 8% note from Kelly White in granting a time extension on her past-due account receivable. Note: Einter 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. Note: 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. Note: Enter debits betore credits

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