Exercise 9-11 Notes receivable transactions LO C2 Following are selected transactions of Danica Company for 2016 4 points Dec. 13 Accepted a $20,000, 45-day, 8% note dated December 13 in granting Miranda Lee a time extension on her past-due receivable Skipped 31 Prepared an adjusting entry to record the accrued interest on the Lee note. Complete the table to calculate the interest amounts at December 31St and use the calculated value to prepare your journa (Do not round your intermediate calculations. Use 360 days a year.) eBook Complete this question by entering your answers in the tabs below. Print General Journal Interest Amounts References Complete the table to calculate the interest amounts at December 31st Interest Total Through Recognized turity December 31 Ma Principal Rate (%) Time Total interest Interest Amounts General Journal Use the calculated value to prepare your journal entries View transaction list Journal entry worksheet 2 Record acceptance of a $20,000, 45-day, 890 note dated December 13 in granting Miranda Lee a time extension on her past-due account receivable. Note: Enter debits before credits. Date General Journal Debit Credit Dec 13, 2016 Record entry Clear entry View general journal Journal entry worksheet 2 Prepare an adjusting entry to record the accrued interest on the Lee note Note: Enter debits before credits. Date Credit General Journal Debit Dec 31, 2016 Record entry Clear entry View general journal