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Required information [The following information applies to the questions displayed below) Following are transactions of Danica Company, Dec. 13 Accepted a $27,000, 45-day. 7 note
Required information [The following information applies to the questions displayed below) Following are transactions of Danica Company, Dec. 13 Accepted a $27,000, 45-day. 7 note in granting Miranda Lee a time extension on her past.doe account receivable. 31 Prepared an adjusting entry to record the accrued interest on the Lee note. Complete the table to calculate the interest amounts at December 3151 and use the calculated value to prepare your journal entries. (Do not round your intermediate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below. Interest Amounts Genero Journal General Journal Complete the table to calculate the interest amounts at December 315 To though Matony Intact Becognized DA E CHI TIT 1 Principal Rate (6) Time Total interest General Journal > Complete this question by entering your answers in the tabs below. Interest Amounts General Journal Use the calculated value to prepare your journal entries. View transaction ist Journal entry worksheet 1 Record acceptance of a $27,000, 45-day, 7% note in granting Miranda Lee time extension on her past-due account receivable Note: Enter debits before credits General Journal Dec 13 De Cred
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