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Following are transactions for Vitalo Company Nov. 1 Accepted a $14,000, 180-day, 6% note from Kelly White in granting a time extension on her past

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Following are transactions for Vitalo Company Nov. 1 Accepted a $14,000, 180-day, 6% note from Kelly White in granting a time extension on her past due account receivable. Dec. 31 Adjusted the year-end accounts for the accrued interest earned on the white note. Apr 30 white honored her note when presented for payment. Complete the table to calculate the interest amounts at December 31st and April 30th and use those calculated values to prepare your journal entries. (Do not round intermediate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below. Interest Amounts General Journal Complete the table to calculate the interest amounts at December 31st and April 30th November 1 January 1 Total Through Through Through Maturity December 31 April 30 Principal Rate(%) Time Total interest EUR General Journal Journal entry worksheet Accepted a $14,000, 180-day, 6% note from Kelly White in granting a time extension on her past-due account receivable. Note: Enter debits before credits Date General Journal Debit Credit Nov 01

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