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ollowing are transactions for Vitalo Company. November 1 Accepted a $14,080,180-day, 68 note from Kelly White in granting a time extension on her past-due account

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ollowing are transactions for Vitalo Company. November 1 Accepted a $14,080,180-day, 68 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 paynent. Complete the table to calculate the interest amounts at December 31st and April 30th and use those calculated values to prepare your foumal 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 31H and Agril 30th Exercise 7-20 (Algo) Honoring a note LO P4 Following are transactions for Vitalo Company. Novenber 1 Accepted a $14,000, 180-day, 64 note from Kelly white in granting a tine extension on her past-due account recelvable. Decenber 31 Adjusted the year-end accounts for the accrued interest earned on the white note. April 30 white bonored her note when presented for paysent. 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 answeis in the tabs below. Use those calculated values to prepare your journal entries Use those calculated values to prepare your journal entries. Journal entry worksheet Accepted a $14,000,180-day, 6% note from Kelly White in granting a time extension on her past-due account receivable. Note: Enter debits before credits

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