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Following are transactions of Danica Company December 13 Accepted a $9,580,45-day, BX note in granting Miranda Lee a time extension on her past-due account receivable.

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Following are transactions of Danica Company December 13 Accepted a $9,580,45-day, BX note in granting Miranda Lee a time extension on her past-due account receivable. December 31 prepared an adjusting entry to record the accrued interest on the lee note. Complete this question by entering your answers in the tabs below. Complete the table to calculate the interest amounts at December 31st. Journal entry worksheet Record acceptance of a $9,500,45-day, 8% note in granting Miranda Lee a time extension on her past-due account receivable. Note: Enter debits before credits. Prepare an adjusting entry to record the accrued interest on the Lee note. Note: Enter debits before credits

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