Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below) Following are transactions of Danica Company Dec. 13 Accepted a $15,000.45-day, 7 note in granting Miranda tee a time extension on her past-due account receivable 31 Prepared an adjusting entry to record the accrued interest on the Lee note Exercise 7-13 Notes receivable transactions LO P4 Jan. 27 Received Lee's payment for principal and interest on the note dated December 13. MAT 3 Accepted a $9,000, 60, 90-day note in granting a time extension on the past-due account receivable of Tomas Company 17 Accepted a $7,000, 30-day, 8 note in granting H. Cheng a time extension on his past-due account receivable Apr. 16 8. Cheng dishonored his note. May 1 Wrote oft the H. Cheng account against the Allowance for Doubtful Account June 1 Received the Tonas payment for principal and interest on the note dated March J. 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. Complete this question by entering your answers in the tabs below. M Lee Note Tomas Co Note H Cheng Note General Journal Complete the table to calculate the interest amounts. Total Through Maturity Amount Accrued at December 31 Interest Recognized January 27 $ Principal Rate (%) Time 9,000 6% 90/360 Total interest 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. Date General Journal Debit Credit Jan 27 + Record entry Clear entry View general journal