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I need help please Required information [The following information applies to the questions displayed below.] Following are transactions of Danica Company. December 13 Accepted a
I need help please Required information [The following information applies to the questions displayed below.] Following are transactions of Danica Company. December 13 Accepted a $9,500,45-day, 88 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 tee note. January 27 Received Lee's paysent for prineipal and interest on the note dated December 13. March 3 Accepted a $5,000,10t,90-day note in granting a time oxtenilon on the past-due account recelvable of Tcase Company. March 17 Accepted a $2,000,30-day, 91 note in granting H. Cheng a time exteniion on his past-due account receivable. Apri1 16 H. Cheng diahonored his note. May 1 Wrote oft the 1 . Cheng account against the Allowance for Doubtful sccountn. June 1 Received the Tomas payment for principal and interest on the note dated March 3. Complete the table to caiculate the interest amounts and use those calculated values to prepare your journal entries. Note: Do not round your intermediate calculations. Use 360 days a year. Complete the table to calculate the interest amounts. Note: Round "Total interest" answers to nearest whole dollar. First, complete the table below to calculate the interest amounts. Note: Round "Total interest" answer to nearest whole dollar. First, complete the table below to calculate the interest amounts. Note: Round "Total interest" answer to nearest whole dollar. : Do not round intermediate calculations. Round final answers to nearest whole dollar. 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
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