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please don't cut off some of the answers Thanks. Following are transactions of Danica Company December 1) Accepted a $24,000, 45 day, 6 note in
please don't cut off some of the answers Thanks. Following are transactions of Danica Company December 1) Accepted a $24,000, 45 day, 6 note in granting Miranda Lee tine extension on her past count receivable December 31 Prepared an adjusting entry to record the accrued interest on the leecote Exercise 9-18 (Algo) Notes receivable transactions LO C2 Complete the table to calculate the interest amounts at December 31 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. interest General Amounts Journal Complete the table to calculate the interest amounts at December 31 Total Through Maturity 34000 Interest Recognized December 31 Principal Rate() Time Total interest General Journal > 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. Interest Amounts General Journal Use the calculated value to prepare your journal entries. View transaction list Journal entry worksheet 2 Record acceptance of a $24,000, 45-day, 6% note in granting Miranda Lee time extension on her past due account receivable Note Enter debits before credits Date General Journal Debit Credit December 13 Accepted a $24,000, 45-day, 6% note in granting Miranda Lee a time extension on her past due account receivable December 31 Prepared an adjusting entry to record the accrued interest on the Lee note. Exercise 9-19 (Algo) Notes receivable transactions LO P4 January 27 Received Lee's payment for principal and interest on the note dated December 13. March 3 Accepted a $18,000, 10%, 90 day note in granting a time extension on the past-due account receivable of Tomas Company March 17. Accepted a $15,000, 30-day, 8 note in granting H. Cheng a time extension on his past due account receivable. April 16 H. Cheng dishonored his note. May 1 wrote 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 31 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 this question by entering your answers in the tabs below. M Lee Note Tomas Company Note H Cheng Note General Journal Complete the table to calculate the interest amounts January 27 Received Lee's payment for principal and interest on the note dated December 13. March 3 Accepted a $18,000, 10%, 90-day note in granting a tine extension on the past-due account receivable of Tonas Compu March 17 Accepted a $15,000, 30 day, 8% note in granting H. Cheng a time extension on his past due account receivable. April 16 H. Cheng dishonored his note. May 1 Wrote 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 Complete the table to calculate the interest amounts and use those calculated values to prepare your journal entries. (Do not rou intermediate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below. M Lee Note Tomas Company Note H Cheng Note General Journal Complete the table to calculate the interest amounts. Total Through Maturity Amount Accrued at December 31 Interest Recognized January 27 Principal Rate(%) Time Total interest Tomas Company Note > January 27 Received Lee's payment for principal and interest on the note dated December 13. March 3 Accepted a $18,000, 10%, 90-day note in granting a time extension on the past-due account receivable of Tomas Com March 17 Accepted a $15,000, 30-day, 8% note in granting H. Cheng a time extension on his past-due account receivable. April 16 H. Cheng dishonored his note May 1 Wrote 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 ro intermediate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below. M Lee Note Tomas Company Note H Cheng Note General Journal First, complete the table below to calculate the interest amounts. Total Through Maturity Principal Rate (%) Time Total interest
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