ROBLEMS - CHAPTER 7 6 Help Required information (The following information applies to the questions displayed below.) Following are transactions of Danica Company. Dee. 13 Accepted a $24,000, 45-day, 7 note in granting Miranda Lee at receivable. 31 Prepared an adjusting entry to record the accrued interest on the tee note. past-due account Jan. 27 Received tee's payment for principal and interest on the note dated December 13. Mar. 3 Accepted a $18,000, 80, 90-day note in granting a time extension on the past-due account receivable of Tomas Company. 17 Accepted a $16,000, 30-day, 8 note in granting H. Cheng a time extension on his past-due account receivable. Apr. 16 . Cheng dishonored his note. May 1 Wrote off the H. Cheng account against the Allowance for Doubtful Accounta. June 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. Tomas Cow Note M Lee Note General Cheng Note Journal Complete the table to calculate the interest amounts. Total Through Amount med at Interest Recognized Required information May June 1 Wrote off the . Chang account against the allowance for Doubtful Accounts. 1 Received the Tomas payment for principal and interest on the note dated March Complete the table to calculate the interest amounts and use those calculated values to prepare Intermediate calculations. Use 360 days a year.) kipped Complete this question by entering your answers in the tabs below. Book M Lee Note Tomas Co H Cheng Note 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 Total interest Tomas Co Note >