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November 1 Accepted a $4,000, 180-day, 5t note from Kelly White in granting a time extension on her past-due account receivable. December 31 Adjusted the

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November 1 Accepted a $4,000, 180-day, 5t note from Kelly White in granting a time extension on her past-due account receivable. December 31 Adjusted the year-end accounts for the accrued interest earned on the White note. April 30 White honored her note when presented for payment. Complete the table to calculate the interest amounts at December 31st and April 30th and use those calculated values 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. Interest General Amounts Journal Use those calculated values to prepare your journal entries Www transaction that > + Accepted a $4,000, 180-day, 5% note from Kelly White in granting a time extension on her past-due account receivable. ime 2 Adjusted the year-end accounts for the accrued interest earned on the White note. 3 White honored her note when presented for payment. Assume no reversing entries were made on January 1. Credet

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