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Prepare journal entries to record these transactions: ( Round your answers to 2 decimal places. ) Oct. 3 1 Accepted a $ 1 7 ,

Prepare journal entries to record these transactions: (Round your answers to 2 decimal places.)
Oct. 31 Accepted a $17,000, six-month, 6.0% note dated today from Leann Grimes in granting a time extension on her past-due account.
Dec. 31 Adjusted the books for the interest due on the Grimes note.
Apr. 30 Grimes honoured her note-when presented for payment.
Journal entry worksheet
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Record entry for note accepted for $17,000, for 6 months at 6.00% dated today from Leann Grimes in granting a time extension on her past-due account.
Note: Enter debits before credits.
\table[[Date,General Journal,Debit,Credit],[Oct 31,,,],[,,,],[,,,],[,,,],[,,,]]
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