Following are transactions of Danica Company. Dec. 13 Accepted a $11,000, 45-day, 10% note in granting Miranda Lee a time extension on her past-due account receivable. 31 Prepared an adjusting entry to record the accrued interest on the Lee note. Complete the table to calculate the interest amounts at December 31st and use the calculated value to prepare your journal entries. (Do not round your intermediate calculations. Use 360 days a year.)

Interest Amounts General Journal Complete the table to calculate the interest amounts at Decer Total Through Maturity Interest Recognized December 31 Principal Rate (%) Time Total interest Journal entry worksheet 2 Record acceptance of a $11,000, 45-day, 10% note in granting Miranda Lee a time extension on her past-due account receivable. Note: Enter debits before credits. Date General Journal Debit Credit Dec 13 Record entry Clear entry View general journal Journal entry worksheet