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Journal entry worksheet Accepted a $13,000, 180-day, 8% note from Taylor Swift in granting a time extension on her past-due account receivable. Note: Enter debits
Journal entry worksheet Accepted a \$13,000, 180-day, 8% note from Taylor Swift in granting a time extension on her past-due account receivable. Note: Enter debits before credits. Journal entry worksheet Adjusted the year-end accounts for the accrued interest earned on the Swift note. Note: Enter debits before credits. Journal entry worksheet Swift honored her note when presented for payment. Assume no reversing entries were made on January 1. Note: Enter debits before credits. Following are transactions for Sargento. December 31 Adjusted the year-end accounts for the accrued interest earned on the Swift note. April 30 swift honored her note when presented for payment. Compute the interest amounts at 12/31 and 4/30 and use those numbers 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 at December 31st and April 30th
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