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What would the correct answers be? d set due Mar 29. Ex/-20 Saved Help Save Following are transactions for Vitalo Company. November 1 Accepted a
What would the correct answers be?
d set due Mar 29. Ex/-20 Saved Help Save Following are transactions for Vitalo Company. November 1 Accepted a $18,000, 180-day, 64 note from Kelly White in granting a time extension on her past-due account receivable. December 31 Adjusted the year-end accounts for the accrued interest earned on the white note. April 30 White honored her note when presented for payment. Complete the table to calculate the interest amounts at December 31st and April 30th and use those calculated values to prepare your Journal entries. (Do not rqund 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 31s and April 30th, November 1 Total Through January 1 Through Maturity Through December 31 April 30 Principal Rate(%) Time Total Interest In Ament General Journal > Prey Next Use those calculated values to prepare your journal entries. View transaction list Journal entry worksheet View transaction list Journal entry worksheet No View transaction list Journal entry worksheet MacBook Pro Step by Step Solution
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