Exercise 9-11 Notes receivable transactions LO C2 Following are selected transactions of Danica Company for 2016. Dec. 13 Accepted a $28,000, 45-day, 6% note dated December 13 in 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. Complete the table to calculate the interest amounts at December 31st and use the calculated value to prepare your journal entries. (Do not round your intermediate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below General Journal Amounts Complete the table to calculate the interest amounts at December 31st Interest Total Through Recognized Maturity December 31 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 $28,000, 45-day, 696 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