Required information Use the following information for the Exercises 1819 below. (Algo) [The following information applies to the questions displayed below] Following are transactions of Danica Company Orcenber is Accepted a 512,000,45day,4x note in granting Irrando Le a time extension on ber past-due occount recelvable. becemben is prepared an adjusting entry ta record the accrued interest on the tee note. Exercise 7.19 (Algo) Notes receivable transactions LO P4 Jamiary 27 Recelved Lee's payment for poincipal and Interest on the note dated December 13, IWrch 3 Accepted. . 56,050, es, 9e-day note in granting a time extension on the past-due account recelvable of Tomas company. Aprit 16 it. Cheng ditshonod his note. Riy 1 Mrote off the H. Cheng account ugalest the Allowance for Doubtful accounts. 3 ane is iereived the logas paynent for principal and intereit on the notn dated Mareh 3. Complete the table to calculate the interest amounts and ise those colculated values to prepare your journal entries. (Do not hound intermediote calculations. Use 360 days a year.) Complete the table to calculate the interest amounts. First, complete the table below to calculate the interest amounts. First, complete the table below to calculate the interest amounts. Journal entry worksheet 6 Received Lee's payment for principal and interest on the note dated December 13. Assume no reversing entries were prepared. Note: Enter debits before credits. Accepted a $6,000,6%,90-day note in granting a time extension on the pastdue account receivable of Tomas Company. Note: Enter debits before credits. Use those calculated values to prepare your journal entries. Journal entry worksheet Accepted a $12,000,30-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 5 6 Notez Enter gebits bafore credits. Use those calculated values to prepare your journal entries. Journal entry worksheet Wrote off the H. Cheng account against the Allowance for Doubtful Accounts. Note: Enter debits before credits. Journal entry worksheet 1) 234 Received the Tomas payment for principal and interest on the note dated March 3. Note: Enter debits before credits