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Required information [The following information applies to the questions displayed below.] Following are transactions of Danica Company. December 13 Accepted a $22,000, 45-day, 6 note

image text in transcribed Required information [The following information applies to the questions displayed below.] Following are transactions of Danica Company. December 13 Accepted a $22,000, 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. January 27 Received Lee's payment for principal and interest on the note dated December 13. Company. 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. Note: Do not round intermediate calculations. Use 360 days a year. this question by entering your answers in the tabs below. \begin{tabular}{|c|c|c|} \hline \begin{tabular}{c} Tomas \\ Company Note \end{tabular} & H Cheng Note & \begin{tabular}{l} General \\ Journal \end{tabular} \\ \hline \end{tabular} lete the table below to calculate the interest amounts. Journal entry worksheet 1 2 3 4 5 6 Received Lee's payment for principal and interest on the note dated December 13. Assume no reversing entries were prepared

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