$[$The following information applies to the questions displayed below.$]$ Complete this question by entering your answers in the tabs below.

First, complete the table below to calculate the interest amounts. Complete this question by entering your answers in the tabs below.

M Lee Note

Tomas

Company Note

H Cheng Note

General

Journal

Complete the table to calculate the interest amounts.

Following are transactions of Danica Company.

December $13$ Accepted a $$12,000,45-$day, $6\%$ note in granting Miranda Lee a time extension on her past$-$due account receivable.

December $31$ Prepared an adjusting entry to record the accrued interest on the Lee note.

January $27$ Received Lee's payment for principal and interest on the note dated December $13.$

March $3$ Accepted a $$6,000,10\%,90-$day note in granting a time extension on the past$-$due account receivable of Tomas Company.

March $17$ Accepted a $$15,000,30-$day, $6\%$ note in granting H$.$ Cheng a time extension on his past$-$due account receivable.

April $16$ H$.$ Cheng dishonored his note.

May $1$ Wrote off the H$.$ Cheng account against the Allowance for Doubtful Accounts.

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.

Journal entry worksheet

$1$: Received Lee$$s payment for principal and interest on the note dated December $13.$ Assume no reversing entries were prepared.

$2$: Accepted a $$6,000,10\%,90-$day note in granting a time extension on the past$-$due account receivable of Tomas Company.

$3$: Accepted a $$6,000,10\%,90-$day note in granting a time extension on the past$-$due account receivable of Tomas Company.

$4$: H$.$ Cheng dishonored his note.

$5$: Wrote off the H$.$ Cheng account against the Allowance for Doubtful Accounts.

$6$: Received the Tomas payment for principal and interest on the note dated March $3.$