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Remaining tabs: 2 - Adjusted the year-end accounts for the accrued interest earned on the White note. 3- White honored her note when presented for

image text in transcribedimage text in transcribedRemaining tabs:

2 - Adjusted the year-end accounts for the accrued interest earned on the White note.

3- White honored her note when presented for payment; February has 28 days for the current year. Assume no reversing entries were made on January 1.

Following are selected transactions for Vitalo Company. Nov. 1 Accepted a $15, eee, 188-day, 8% note dated November 1 from Kelly White in granting a time extension on her past-due account Dec. 31 Adjusted the year-end accounts for the accrued interest earned on the White note. receivable. Apr. 3e White honored her note when presented for payment; February has 28 days for the current year, Complete the table to calculate the interest amounts at December 31st and April 30th and use those calculated values to prepare your joumal entries. (Do not round Intermedlate calculetlons. Use 380 days a year.) Complete this question by entering your answers in the tabs below Interest Amounts General Journal Complete the table to calculate the interest amounts at December 31st and April 30th November 1 January1 Total Through Through Through Maturity December 31 April 30 Principal Rate (%) Time Total interest

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