Year 1 December 16 Nocepted a $14,400,60-day, 89 note in granting Marta Conzalez a time extension on his past-due account recoivable. Deconber 31 Made an adjuating entry to reeord the accrued interest on the Gonzalez note. Year 2 February 14 Received Gonzalez'n payment of principal and interest on the note dated December 16. March 2 Accepted a 59,000,81,90-day bote in granting a time extension on the past-due account receivable from Wilson Canpany March 17 Accepted a 518,600,30-day, 101 note in granting Hao toe a time extention on her past-due account April 16 Lee diahonored her note. 31 Nilison Conpany dishonored ita note. August? Accepted a $18,000,90-day, 121 note in granting a tine extention on the past-due account recelvable of llali Septenber 3 Accepted a $3,000,60-day, 101 note in granting Pauta parker a time extension on his pant-due account Novenber 2 Received payment of prinool plua interent trom parker tor the september 3 note. Novenber 5 Received payment of prineipal plue intereat from liall for the Auguat 7 note. Deconber 1 Krote ote the tee account, againat the Allowance for Doubtful Accounth. Journal entry worksheet February 14 Received Gonzalez's payment of principal and interest on the $14,400, 60-day, 8% note dated December 16 . The Perry Company does not prepare reversing entries. Verify the amount of interest using the "CALCULATION OF INTEREST" tab. Note: Enter debits before credits. March 2 Accepted an $8,000,8%,90-day note in granting a time extension on the past-due account receivable from Wilson Company Note: Enter debits before credits. March 17 Accepted a $18,600,30-day, 10% note in granting Hao Lee a time extension on her past-due account receivable. Note: Enter debits before credits. Note: Enter dedits before credits. May 31 Wilson Company dishonored its note. Note: Enter debits before credits. August 7 Accepted a(n)$18,000,90-day, 12% note in granting a time extension on the past-due account receivable of Hall Company Note: Enter debits before credits. September 3 Accepted a $3,000,60-day, 10% note in granting Paula Parker a time extension on his past-due account receivable. Note: Enter debits before credits. November 2 Received payment of principal plus interest from Parker for the September 3 note. Note: Enter debits before credits. November 5 Received payment of principal plus interest from Hall for the August 7 note. Note: Enter debits before credits. December 1 Wrote off the Lee account against Allowance for Doubtful Accounts. No additional interest was accrued. Note: Enter debits before credits. \begin{tabular}{|l|l|} \hline March 2- Wilson note: \\ \hline Principal \\ \hline Interest rate \\ \hline Number of days' interest to be recorded in Year 2 \\ \hline & Principal \\ \hline Interest rate & \\ \hline Number of days' interest to be recorded in Year 2 & \\ \hline & \\ \hline & \\ \hline & \\ \hline Number of days' interest to be recorded in Year 2 & \\ \hline & \\ \hline & \\ \hline & \\ \hline Total interest revenue - Year 2 & \\ \hline \end{tabular}