Question: December 13 Accepted a $18,000, 45-day, 104 note in granting Miranda lee a time extension on her past-due account receivable. Decemer 31 Prepared an adjusting

an adjusting entry to record the acerund interest on the tee note.

December 13 Accepted a $18,000, 45-day, 104 note in granting Miranda lee a time extension on her past-due account receivable. Decemer 31 Prepared an adjusting entry to record the acerund interest on the tee note. Exercise 9-18 (Algo) Notes receivable transactions LO C2 Complete the table to calculate the interest amounts at December 31st and use the calculated value to prepare your journal entries. Note: Do not round your 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 at December 31th, Use the calculated value to prepare your journal entries. Journal entry worksheet Record acceptance of a $18,000,45-day, 10% note in granting Miranda Lee a time extension on her past-due account recelvable. Note: Enter debits before credits. Required information use the calculateo value to prepare your journai entnes. Journal entry worksheet Prepare an adjusting entry to record the accrued interest on the Lee note. Notes Enter debits before credits

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