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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 514,000,45-day, 80 note in

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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 514,000,45-day, 80 note in granting Mirando teo a time axtension on her paot-doe account receivable. December 31 Prepared an adjusting entry to record the accrued interest on the Lee note. Complete the table to calculate the interest amounts at December 31st and use the calculated value to prepare your journal entries Note: Do not round your intermediate calculations. Use 360 days a year. Complete this question by entering your answers in the tabs below. Complete the table to calculate the interest amounts at December 31st.. Use the calculated value to prepare your joumal entries. Journal entry worksheet Record acceptance of a $14,000,45-day, 8% note in granting Miranda Lee a time extension on her past-due account receivable. Nothi Enter debits before credits. Use the calculated value to prepore your journal entries. Journal entry worksheet Prepare an adjusting entry to record the accrued interest on the Lee note. Wokel Entinr debits beforn credits

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