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Required information [The following information applies to the questions displayed below, ] Following are transactions of Danica Company. Decenber 13 Aceepted = $9,500,45-day, 6t note

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Required information [The following information applies to the questions displayed below, ] Following are transactions of Danica Company. Decenber 13 Aceepted = $9,500,45-day, 6t note in granting Mirandn tee a tian extenaion on har past-due account receivable. December 31 prepared an adjosting entry to record the acerued interest on the then note. tonumry 27 leesived Lee' n payment for prineipel and interent on the note dated Decenber 13. Mareh 3 Aecepted a $5,000,104,90-day hote in granting a time extension on the paat-due account receivable of toman March 17 Aecepted a 52,000,30-day, 91 note in granting H.chengl a time extenaion on hin paat-due sccoust recelvahle. Apri1 16 it. Cheng dinhonored his note. May I Wrote off the I. Cheng secount againet the Allovance for Doubtful Acecounte. sune 1 feceived the Toeas payment for principal and interest on the note dated Mareh 3. Complete the table to calculate the interest amounts and use those caiculated values to prepare your journal entries. (Do not round rour intermediate calculations. Use 360 days a year.) Complete the table to calculate the interest amounts. (Round "Total interest" answers First, complete the table below to calculate the interest amounts. (Round "Total interest" a First, complete the table below to calculate the interest amounts. (Round "Total interest" an

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