iew transaction list Journal entry worksheet 2 Prepare an adjusting entry to record the accrued interest on the Lee note. Note: Enter debits before credits Credit Debit General Journal Date Dec 31, 2016 View general journal Clear entry Record entry eu uaisdctions of Danica Company for 2016 and 2017 2016 Dec. 13 Accepted a $26,000, 45-day, 6% note dated December 13 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 2017 an. 27 Received Lee's payment for principal and interest on the note dated December 13. Mar. 3 Accepted a $20,e00, 1e%, 9e-day note dated Harch 3 in granting a time extension on the past due account recevable of Tomas Company 17 Accepted. $18,000, 30-day, 10% note dated March 17 in granting H. Cheng a tine extension on his past-due account receivable, Apr. 16 H. Cheng dishonored his note when presented for payment May 1 Wrote off the H. Cheng account against the Allowance for Doubtful Accounts Dune 1 Received the Tomas payment for principal and interest on the note d ated March 3 ur journal entries. (Do not round t Complete the table to calculate the interest amounts and use those calculated values to prepare yo Complete this question by entering your answers in the tabs below. Co Note H Cheng NoteGeneral as M Lee Note e the table below to calculate the int Principal Time M Lee Note complete this question by entering your answers in the tabs below. nces General Journal M Lee Note Tomas Co Note H Cheng Note Complete the table to calculate the interest amounts. Amount Interest Total Through Accrued at Recognized December 31 January 27 MaturityD Principal Rate (%) Time Total interest Tomas Co Note Complete this question by entering your answers in the tabs below M Lee Note Tomas Co Note H Cheng NoteJournal First, complete the table below to calculate the interest amounts Total Through Maturity Principal Rate (%) Time Total interest General Journal > K Tomas Co Note Journal entry worksheet 2 2 Accepted a $20,000, 10%, 90-day note dated March 3 in granting a time extension on the past-due account receivable of Tomas Company Debit Ger Date Mar 03, 2017 Clear entry Journal entry worksheet 2 Accepted a $18,000, 30-day, 10% note dated March 17 in granting H. Cheng a time extension on his past-due account receivable. Date Debit Credit General Journal Mar 17 2017 Clear entry K H Cheng Note ournal ehtry worksheet H. Cheng dishonored his note when presented for payment Debit Apr 16. 2017 H Cheng Note ols ecevable transactions LO C2 Following are selected transactions of Danica Company for 2016 Dec. 13 Accepted a $11,000, receivable. 45-day, 7% note dated December 13 in granting Miranda Lee a tine extension on her past-due account 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 o year.) Complete this question by entering your answers in the tabs below General Journal Interest Amounts Complete the table to calculate the interest amounts at December 31st Interest Total Through Recognized December 31 Maturity Principal Rate (%) Time Total interest General Journal iew transaction list Journal entry worksheet 2 Prepare an adjusting entry to record the accrued interest on the Lee note. Note: Enter debits before credits. DebitCredit General Journal Date Dec 31, 2016 View general journal Clear entry Record entry e uaisdctiois of Danica Company for 2016 and 2017 2016 Dec. 13 Accepted a $26,000, 45-day, 6% note dated December 13 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 2017 an. 27 Received Lee's payment for principal and interest on the note dated December 13 Mar. 3 Accepteda $20,e00, 1e%, 90-day note dated Harch 3 in grant ing a time extension on the past due account recelvable of Tonas Company 17 Accepted. $18,000, 30-day, 10% note dated March 17 in granting H. Cheng a time extension on his past-due account receivable, Apr. 16 H. Cheng dishonored his note when presented for payment une 1 Received the Tomas payment for principel and interest on the note da Complete the table to calculate the interest amounts a account against the Allowance for Doubtful Accounts nd use those calculated values to prepare your journal entries (Do not intermediate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below. General Journal M Lee Note as Co Note H Cheng Note First, complete the table below to calculate the interest amounts. Principal Rate (%) Time M Lee Note Complete this question by entering your answers in the tabs below. nces M Lee Note Tomas Co Note H Cheng Note Journal Complete the table to calculate the interest amounts. Amount Total Through Accrued at Recognized MaturityDecember 31 January 27 Interest Principal Rate (%) Time Total interest Tomas Co Note Complete this question by entering your answers in the tabs below M Lee Note Tomas Co Note H Cheng Note Journal First, complete the table below to calculate the interest amounts Total Through Maturity Principal Rate (%) Time Total interest General Journal > Tomas Co Note K Following are selected transactions of Danica Company for 2016. Dec. 13 Accepted a $11,000, 45-day, 7% note dated December 13 in granting Hiranda Lee a tine 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.) Complete this question by entering your answers in the tabs below. General Journal Interest Amounts Complete the table to calculate the interest amounts at December 31st, Interest Total Through Recognized MaturityDecember 31 Principal Rate (%) Time Total interest General Journal
