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Check my work Exercise 7-15 Dishonoring a note LO P4 Following are transactions for Ridge...

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Check my work Exercise 7-15 Dishonoring a note LO P4 Following are transactions for Ridge Company Mar 21 Accepted a $16,900, 180-day, I note from Tara Jackson in granting a time extension other past-due account receivable Sept. 17 Jackson dishonored her note. Dec. 31 After trying several times to collect, Ridge Company wrote off Jackson's account at the Allowance for Douttu 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. Complete the table to calculate the Total Through Maturity Principal Rate (%) Time Total interest 1 Accepted a $16,900, 180-day, 8% 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

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