1 Accepted a $16,900, 180-day, 9% note from Tamara Jackson in granting a time extension...
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Accounting
1 Accepted a $16,900, 180-day, 9% note from Tamara Jackson in granting a time extension on her past-due account receivable. 2 Jackson dishonored her note. 3 After trying several times to collect, Ridge Company wrote off Jackson's account against the Allowance for Doubtful Accounts. Following are transactions for Limm Company Mar. 21 Accepted a $16,900, 180-day, 9 note from Tara Jackson-Mccoy in granting time extension on AT - account receivable. Sept. 17 Jackson-McCoy dishonored her note. Dec. 31 After trying several times to collect, Lime Company wrote of Sackson-NoCoy's sont ainst the Alle Doubtful Accounts. Complete the table to calculate the interest amounts at September 17 and use the calculated value to prepare your journal entries. Do not round intermediate calculations. Round your final answers to nearest whole dollar. Use 360 days a year) Complete this question by entering your answers in the tabs below


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