Exercise 7-19 (Algo) Honoring a note LO P4 Following are transactions for Vitalo Company ....
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Exercise 7-19 (Algo) Honoring a note LO P4 Following are transactions for Vitalo Company . 1 Recepted $4,000, 180-day, 6 note from Kelly White in granting a tine extension on her pest-due account receivable Dec. 31 Adjusted the year and accounts for the accu interest earned on the White note Apr. 30 White honored her note when presented for payment. Complete the table to calculate the interest amounts st December 31st and April 30th and use those calculated values to prepare your journal entries. (Do not round 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 311 and April 30th Total Through Maturity November 1 Through December 31 January Through April 30 Principal Rate() Time Total interest General Journal >
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