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Required information [The following information applies to the questions displayed below.] Following are transactions of Danica Company. December 13 Accepted a $20,000,45-day, 81 note in granting Miranda Lee a time extension on her post-due account receivable. Decembor 31 prepared an adjusting entry to record the accrued interest on the tee note. January 27 Heceived tee's paynent for prineipal and interest on the note dated December 13. March 3 Accepted a $14,000,81,90-day note in granting a time extension on the past-due account receivable of Tosas Cobpany. March 17 Accepted a $18,000,30-day, 61 note in granting H. Cheng a time extension on his past-due account receivable. April 16 it. Cheng dishonored his note. May 1 Wrote off the 8 . Cheng account against the Allowance for Doubtful Accounts. June 1 Received the Tomas payment for prineipal and interest on the note dated Mareh 3. Complete the table to calculate the interest amounts and use those calculated values to prepare your journal entries. Note: Do not round intermediate calculations. Use 360 days a year. Complete this question by entering your answers in the tabs below. Complete the table to calculate the interest amounts. Complete the table to calculate the interest amounts. First, complete the table below to calculate the interest amounts. First, complete the table below to calculate the interest amounts. Journal entry worksheet 6 Received Lee's payment for principal and interest on the note dated December 13. Assume no reversing entries were prepared. Note: Enter debits before credits. Journal entry worksheet 6 Accepted a $14,000,8%,90-day note in granting a time extension on the past-due account receivable of Tomas Company. Note: Enter debits before credits. Journal entry workshett Accepted a $18,000,30-day, 6% note in granting H. Cheng a time extension on his past-due account receivable. Note: Enter debits before credits. Journal entry worksheet

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