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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 $29,000,45-day, 8 note in

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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 $29,000,45-day, 8 note in granting Miranda tee a time extension on her past-due account receivable. 31 Prepared an adjusting entry to record the accrued intereat on the lee note. Jan. 27 Received Lee's paymeat for principal and interest on the note dated December 13 . Nar. 3 Accepted a $23,000,81,90-day note in granting a time extension on the past-due account receivable of Tomas Company. 17 Accepted a $21,000,30-day, 8 note in qranting H. Cheng a time extension on his past-due account receivable. Apr. 16 . B. Cheng dishonored his note. May 1 Wrote off the H. Cheng account against the Allowance for Doubtful Accounts. Tune: 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. (Do not round intermediate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below. Use those calculated values to prepare your fournal entries. Complete this question by entering your answers in the tabs below. Use those calculated values to prepare your journal entries. Journal entry worksheet (4) 6 Recelved Lee's payment for principal and interest on the note dated December 13. Assume no reversing entries were prepared. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Use those calculated values to prepare your journal entries. Journal entry worksheet (4) 6 Accepted a $23,000,8%,90-day note in granting a time extension on the past-due account receivable of Tomas Company. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Use those calculated values to prepare your journal entries. Journal entry worksheet 6 Accepted a $21,000,30-day, 8% note in granting H. Cheng a time extension on his past-due account receivable. Note: Enter debits before credits. Use those calculated values to prepare your journal entries. Journal entry worksheet (1) 2 6 H. Cheng dishonored his note. Note: Enter debits before credits: Complete this question by entering your answers in the tabs below. Use those calculated values to prepare your journal entries. Journal entry worksheet (1) 2 Wrote off the H. Cheng account against the Allowance for Doubtful Accounts. Note: Enter debits before credits. Use those calculated values to prepare your journal entries. Journal entry worksheet 1 2 3 4. Received the Tomas payment for principal and interest on the note dated March 3. Note: Enter debits before credits

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