The following selected transactions are from Lee Company. 2016 Dec. 16 Accepted a $13,200, 60-day, 12% note dated this day in granting Juan Perez a time extension on his past-due account receivable. 2017 31 Made an adjusting entry to record the accrued interest on the Perez note. Feb. 14 Received Perez's payment of principal and interest on the note dated December 16. Mar. 2 17 Apr. 16 May 31 July 16 Aug. 7 Sep. 3 Nov. 2 Nov. 5 Dec. 1 Accepted a $8,000, 68, 90-day note dated this day in granting a time extension on the past-due account receivable from Stone Co. Accepted a $3,600, 30-day, 9% note dated this day in granting Rita Griffin a time extension on her past-due account receivable. Griffin dishonored her note when presented for payment. Stone Co. refused to pay the note that was due to Lee Co. on May 31. Prepare the journal entry to charge the dishonored note plus accrued interest to Stone Co.'s accounts receivable. Received payment from Stone Co. for the maturity value of its dishonored note plus interest for 46 days beyond maturity at 68. Accepted a $10,000, 90-day, 68 note dated this day in granting a time extension on the past-due account receivable of Wright Co. Accepted a $4,200, 60-day, 88 note dated this day in granting Kathy Perry a time extension on his past-due account receivable. Received payment of principal plus interest from Perry for the September 3 note. Received payment of principal plus interest from Wright for the August 7 note. Wrote off the Griffin account against the Allowance for Doubtful Accounts. Requirement General Journal General Ledger Trial Balance Schedule of Calculation of Receivables Interest Prepare the journal entries related to notes receivable and accounts receivable. Hint: Use the "Calculation of Interest" tab ensure the accuracy of your entries. View transaction list View journal entry worksheet No Date General Journal 1 Feb 14 Cash Notes receivable - J. Perez 2 Mar 02 Cash Notes receivable - Stone Co. Debit Credit 13,464 13,200 8,120 8,000