Question: 13 Exercise 9-14 Honoring a note LO P4 164 points Following are transactions for Vitalo Company Nov. 1 Accepted a $16,000, 180-day, 58 note from
13 Exercise 9-14 Honoring a note LO P4 164 points Following are transactions for Vitalo Company Nov. 1 Accepted a $16,000, 180-day, 58 note from Kelly White in granting a time extension on her past-due account receivable. Dec. 31 Adjusted the year-end accounts for the accrued interest earned on the White note. Apr. 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 journal entries. (Do not round intermediate calculations. Use 360 days a year.) eBook Hint Complete this question by entering your answers in the tabs below. Print Interest Amounts General Journal References Complete the table to calculate the interest amounts at December 31st and April 30th Total Through Maturity November 1 Through December 31 January 1 Through April 30 Principal Rate ("%) Time Total interest Interest Amount General Journal >
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