Exercise 9-13 Notes receivable transactions P4 Refer to the information in Exercise 9-12 and prepare the journal entries for the following year for Danica Company. Jan. 27 Received Lee's payment for principal and interest on the note dated December 13. Mar. 3 Accepted a $5,000, 10%, 90-day note in granting a time extension on the past-due account receivable of Tomas Company. 17 Accepted a $2,000, 30-day, 9% note in granting H. Cheng a time extension on his past due account receivable Apr. 16 Cheng dishonored his note. May I Wrole of the Cheng account against the Allowance for Doubtful Accounts. June 1 Received the Tomas payment for principal and interest on the note dated March 3. Check Jan. 27. Dr. Cash, $9,595 June 1, Dr. Cash, $5,125