Following are transactions of Danica Company. December 13 Accepted a $26,000,45-day, 68 note in granting Miranda Lee a time extenaion on her past-due account receivable. December 31 Prepared an adjusting entry to record the accrued interest on the Lee note. Exercise 7-19 (Algo) Notes receivable transactions LO P4 January 27 Received Lee's payment for prineipal and interest on the note dated December 13. Mareh 3 Aecepted a $20,000, 80, 90-day note in granting a time extenilion on the past-due aecount receivable of Tomas Company, March 17 Aceepted a $10,000,30-day, 10 , note in granting 18. Cheng a time extension on his past-due account receivable. April 16 II. Cheng dishonored his note. May 1 Wrote oft the II. Cheng account againat the Allowance for Doubtful Aceounts. June 1 Received the Tomas payment for principal and interest on the note dated Mareh 3 . Complete the table to calculate the interest amounts 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. Complete the table to calculate the interest amounts. Complete this question by entering your answers in the tabs below. First, complete the table below to calculate the interest amounts. Complete this question by entering your answers in the tabs below. First, complete the table below to calculate the interest amounts. Journal entry worksheet Received Lee's payment for principal and interest on the note dated December 13. Assume no reversing entries were prepared. Note: Enter debits before credits. Journal entry worksheet Accepted a $20,000,8%,90-day note in granting a time extension on the past-due account receivable of Tomas Company. Note: Enter debits before credits. Journal entry worksheet Accepted a $18,000,30-day, 10% note in granting H. Cheng a time extension on his past-due account receivable. Note: Enter debits before credits. Journal entry worksheet 1 Note: Enter debits before credits. Journal entry worksheet Wrote off the H. Cheng account against the Allowance for Doubtful Accounts. Note: Enter debits before credits. Journal entry worksheet Received the Tomas payment for principal and interest on the note dated March 3. Note: Enter debits before credits