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Required information [The following information applies to the questions displayed below] Following are transactions of Danica Company Decenber 13 Accepted a 59,50e, 45-day, Bx note

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Required information [The following information applies to the questions displayed below] Following are transactions of Danica Company Decenber 13 Accepted a 59,50e, 45-day, Bx note in granting Miranda tee a tine extension on her past-Que account recelvable. Deceaber 31 Prepared an adjusting entry to recond 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 intermedlate calculations. Round "Tot interest" answers to nearest whole dollars. Use 360 days a yea Complete this question by entering your answers in the tabs below. 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. Round "Total interest" answers to nearest whole dollars. 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 journal entries. Journal entry worksheet Record acceptance of a $9,500,45-day, 8% note in granting Miranda Lee a time extension on her past-due account recelvable. Note: Enter debits before credits. Use the calculated value to prepare your journal entrles. Journal entry worksheet Prepare an adjusting entry to record the accrued interest on the Lee note. Note: Enter debits before credits

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