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[ The following information applies to the questions displayed beiow. ] Following are transactions of Danica Company. Decenber 1 3 Accepted a $ 9 ,

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[The following information applies to the questions displayed beiow.]
Following are transactions of Danica Company.
Decenber 13 Accepted a $9,500,45-day, 8x note in granting Miranda Lee a time extension on her past-due account
receivable.
Decenber 31 Prepared an adjusting entiry to record the accrued interest on the lee note.
January 27 Recelved Lee's payment for principal and interest on the note dated December 13.
Narch 3 Accepted a $5,000,105,90-day note in granting a tine extension on the past-due account receivable of Tonas Comp
March 17 Accepted a $2,000,30-day. 98 note in granting H. Cheng a time extension on his past-due account receivable.
April 16 H. Cheng dishonored his note.
Hay 1 Wrote off the H. Chans account agalnst the Allowance for poubtful Accounts.
June i Recelved the Tomes payment for princlpal and interest on the note dated March 3.
Complete the table to calculate the interest amounts and use those calculated values to prepare your joumal entries.
Note: Do not round your intermediate calculations. Use 360 days a year.
Complete this question by entering your answers in the tabs below.
M Lee Note
Tomas
Company Note
4 Cheng Note
General
Joumal
Complete the table to calculate the interest amounts.
Note: Round "Total interest" answers to nearest whole dollar:
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