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Following are transactions for Ridge Company Narch 21 Accepted a $6,100,180-day, 10x note from Tanara Jackson in granting a time extension on her past-due account
Following are transactions for Ridge Company Narch 21 Accepted a $6,100,180-day, 10x note from Tanara Jackson in granting a time extension on her past-due account receivable. September 17 Jackson dishonored her note. December 31 After trying several times to collect, Ridge Company wrote off Jackson's account against the Allowance for Doubtful Accounts. Complete the table to calculate the interest amounts at September 17 and use the calculated value to prepare your journal entries. (Do not round intermediate colculations. Round your final answers to nearest whole dollar. Use 365 days a year.) Complete this question by entering your answers in the tabs below. Use the calculated value to prepare your journal entries. Journal entry worksheet Accepted a $6,100,180-day, 10% note from Tamara Jackson in granting a time extension on her past-due account receivable, Noter Enter debits before credits. Journal entry worksheet Journal entry worksheet After trying several times to collect, Ridge Company wrote off Jackson's account against the Allowance for Doubtful Accounts. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Complete the table to calculate the interest amounts at September 17
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