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journal entry [The following information applles to the questions displayed below] Following are transactions of Danica Company. Decenber 13 Accepted a $12,000,45-day, 6X note in

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[The following information applles to the questions displayed below] Following are transactions of Danica Company. Decenber 13 Accepted a $12,000,45-day, 6X note in granting Miranda lee a time extehsion on her past-due account receivable. Decenber 31 Prepared an adjusting entry to record the accrued interest on the Lee note. January 27 Received Lee's payment for principal and interest on the note dated Decerber 13. March 3 Accepted a 96,000,68, 90 -day note in granting a time extension on the past-due account receivable of Tomas Company. March 17 Accepted a $21,000,30-day, 6K note in granting H. Cheng a time extension on his past-due account receivable. Apri1 16 H. Cheng dishonored his note. May 1 Krote 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.) 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. First, complete the table below to calculate the interest amounts. 1 Keceived Lee s payment ror princpal and interest on the note dated December 13 . Assume no reversing entries were prepared. 2 Accepted a $6,000,6%,90-day note in granting a time extension on the past-due account receivable of Tomas Company. 3 Accepted a $21,000,30-day, 6% note in granting H. Cheng a time extension on his past-due account receivable. 4 H. Cheng dishonored his

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