Sad Required information The following information applies to the questions displayed below) Following are transactions of Danica Company Dec. 13 Accepted a $26,000, 45-day, 10 note in granting Miranda lee a tine extension on her past-doe account receivable. 31 Prepared an adjusting entry to record 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. (Do not round your intermediate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below. Interest Amounts General Journal Complete the table to calculate the interest amounts at December 31 Interest Total Through Recognized Maturity December 31 Principal Rate(%) Time Total Interest General Journal > Can Am Required information The following information applies to the questions displayed below) Following are transactions of Danica Company Dett. 13 Accepted a 126,000. 45-day, 10 note in granting Miranda lee ati extensies on her post-doe account receivable 31 Prepared an adjusting entry to record the accrued Interest on the Lee note Complete the table to calculate the interest amounts at December 31 and use the calcutated value to prepare your journal entries (Do not round your intermediate calculations. Use 360 days a year) Complete this question by entering your answers in the tabs below. Interest General Amounts Journal Use the calculated value to prepare your journal entries. View transactions > Journal entry worksheet 5 of 10 ! Required information [The following information applies to the questions displayed below) At December 31, Hawke Company reports the following results for its calendar year. Cash sales Credit sales $2,196,870 $3,084,000 13 In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $934,452 debit $ 28,980 debit Required: 1. Prepare the adjusting entry to record bad debts under each separate assumption a. Bad debts are estimated to be 3% of credit sales. b. Bad debts are estimated to be 2% of total sales. c. An aging analysis estimates that 6% of year-end accounts receivable are uncollectible. Adjusting entries (all dated December 31). (Do not round Intermediate calculations.) View transaction list Journal entry worksheet 1 2 3 > Bad debts are estimated to be 3% of credit sales. Note: Enter debits before credits Debit General Journal Transaction Credit Saved [The following information applies to the questions displayed below.) At December 31, Hawke Company reports the following results for its calendar year. Cash sales Credit sales $2,196,870 $3,084,000 In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $934, 452 debit $ 28,980 debit Required: 1. Prepare the adjusting entry to record bad debts under each separate assumption a. Bad debts are estimated to be 3% of credit sales. b. Bad debts are estimated to be 2% of total sales. C. An aging analysis estimates that 6% of year-end accounts receivable are uncollectible. Adjusting entries (all dated December 31). (Do not round intermediate calculations.) View transaction list Journal entry worksheet 1 2 3 Bad debts are estimated to be 2% of total sales. Note: Enter debits before credits General Journal Debit Credit Transaction b Record entry Clear entry View general Journal [The following information applies to the questions displayed below.) At December 31, Hawke Company reports the following results for its calendar year. Cash sales Credit sales $2,196,870 $3,084,000 In addition, its unadjusted trial balance includes the following items Accounts receivable Allowance for doubtful accounts $934, 452 debit $ 28,980 debit Required: 1. Prepare the adjusting entry to record bad debts under each separate assumption. a. Bad debts are estimated to be 3% of credit sales. b. Bad debts are estimated to be 2% of total sales. c. An aging analysis estimates that 6% of year-end accounts receivable are uncollectible. Adjusting entries (all dated December 31. (Do not round intermediate calculations.) View transaction list Journal entry worksheet 2 3 An aging analysis estimates that 6% of year-end accounts receivable are uncollectible. Note: Enter debits before credits Transaction General Journal Debit Credit C Record entry Clear entry View general Journal