Help Sav Required information Use the following information for the Exercises 17-18 below. (Algo) (The following information applies to the questions displayed below. Following are transactions of Danica Company Dec. 13 Accepted a $24,000, 45-day, 6x 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. Exercise 7-18 (Algo) Notes receivable transactions LO P4 Jan. 27 Received Lee's payment for principal and interest on the note dated December 13 Mar 3 Accepted a $18,000, as, 90-day note in granting a time extension on the past-due account receivable of Tomas 17 Accepted a $18,000, 30-day, es note in granting H. Chong a time extension on his past due account receivable. Apr. 16 H Cheng dishonored his note May I wrote off the H. Cheng account against the Allowance for Doubtful Accounts June 1 Received the Tomas payment for principal and interest on the note dated March 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.) Help Sav Required information Use the following information for the Exercises 17-18 below. (Algo) (The following information applies to the questions displayed below. Following are transactions of Danica Company Dec. 13 Accepted a $24,000, 45-day, 6x 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. Exercise 7-18 (Algo) Notes receivable transactions LO P4 Jan. 27 Received Lee's payment for principal and interest on the note dated December 13 Mar 3 Accepted a $18,000, as, 90-day note in granting a time extension on the past-due account receivable of Tomas 17 Accepted a $18,000, 30-day, es note in granting H. Chong a time extension on his past due account receivable. Apr. 16 H Cheng dishonored his note May I wrote off the H. Cheng account against the Allowance for Doubtful Accounts June 1 Received the Tomas payment for principal and interest on the note dated March 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.)