Question: 200 points Exercise 7-10 Notes receivable transactions LO C2 Following are selected transactions Danica Company for 2014 Dec 13 a 45-day 9% note dated December

 200 points Exercise 7-10 Notes receivable transactions LO C2 Following are
selected transactions Danica Company for 2014 Dec 13 a 45-day 9% note

200 points Exercise 7-10 Notes receivable transactions LO C2 Following are selected transactions Danica Company for 2014 Dec 13 a 45-day 9% note dated December 13 n granting Miranda Lee a time extension on her past-due account receivable 31 Prepared an adjusting entry to record the accrued interest on the Lee note. First complete the table below to calculate the interest amounts at December 31st (Do not round intermediate calculations. Round your final answers to nearest whole dollar. Use 360 days a year.) Interest Total Through Recognized Maturi December 31 Principal Rate Time Total interest

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