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Following are transactions for Vitalo Company Nov. 1 Accepted a $5., 180-day, 8X note from Kelly white in granting a time extension on her past-due

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Following are transactions for Vitalo Company Nov. 1 Accepted a $5., 180-day, 8X note from Kelly white in granting a time extension on her past-due account receivable. Dec. 31 Adjusted the year and 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 3151 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. General Complete the table to calculate the interest amounts at December 31st and April 30th Total Through Maturity November 1 Through December 31 January 1 Through April 30 Principal Rate ) Time Total interest General Journal General Journal Amount those calculated values to prepare your journal entries..... ...................................................................... ...... View transaction list Journal entry worksheet 23 Accepted a $5,000, 180 day, 8% note from Kelly White in granting a time extension on her past due account receivable. Notes Enter debite belo credits General Journal Nov 01 Record entry Clear entry View general Journal

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