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[The following information applies to the questions displayed below.) Following are transactions of Danica Company, December 13 Accepted a $18,000, 45 day, 4% note in

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[The following information applies to the questions displayed below.) Following are transactions of Danica Company, December 13 Accepted a $18,000, 45 day, 4% note in granting Miranda Lee a tine extension on her past-due account receivable December 31 Prepared an adjusting entry to record the accrued interest on the Lee note. Complete the table to calculate the interest amounts at December 3! 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 Total Through Maturity Interest Recognized December 31 Principal Rate(%) Time Total interest Pros 16 BBB MA

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