Prepare journal entries to record Callaho Inc's transactions Round all values to the nearest cent a June 1, 2014 Callaho Inc. accepted a note from Tracy Regis for $3,500, 90-day, 12% dated this day granting a time extension on the past-due account b. Determine the date that transaction (a) matures and record the entry to show the collection Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the format ddimmm( January 15 would be 15/Jan; (Date General Journal Account Explanation Page 1 F Debit Credit