Question: Current Attempt in Progress Determine the interest on the following notes: (Round answers to 2 decimal places, e.g. 52.75. Use 360 days for calculation.) (a)

Current Attempt in Progress Determine the interest on the following notes: (Round answers to 2 decimal places, e.g. 52.75. Use 360 days for calculation.) (a) $1,720 at 6% for 90 days. $ LA (b) $840 at 9% for 5 months. $ (c) $2,580 at 8% for 60 days. (d) $1,350 at 7% for 6 months. LA LA Crane Company's ledger at the end of the current year shows Accounts Receivable of $156,000. (a) If Allowance for Doubtful Accounts has a credit balance of $4,680 in the trial balance and bad debts are expected to be 8% of accounts receivable, journalize the adjusting entry for the end of the period. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entry before credit entry.) Account Titles and Explanation List of Accounts Save for Later Debit Credit Attempts: 0 of 1 used Submit

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