Eollowing are transactions for Vitalo Company. November 1 Accepted a $17,000,180-day, 7% note from Kelly...
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Eollowing are transactions for Vitalo Company. November 1 Accepted a $17,000,180-day, 7% note from Kelly White in granting a time extension on her past-due account receivable. ecember 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 ournal entries. (Do not round intermediate calculations. Use 365 days a year.) Complete this question by entering your answers in the tabs below. Complete the table to calculate the interest amounts at December 31st and April 30th
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